Contents
1 Ecological crisis and economic recovery
Zoonotic diseases and their transmission
Impact of lockdowns on carbon emissions and air pollution
Aligning the recovery with nature and net zero
What should the policy response be to the pandemic?
Achieving a balanced and fair transition
2 The Bank of England’s response to the crisis
Financial support for large companies
The Covid Corporate Financing Facility (CCFF)
Commitments from the companies we questioned
Climate-related financial disclosures
Carbon intensity of the BoE bond portfolios
The Bank of England’s remit on climate change
Correspondence with the Bank of England
3 Investment in infrastructure and nature recovery
Priority areas for net zero investment
The Ten Point Plan for a Green Industrial Revolution
National Infrastructure Strategy
Sustainability rule for infrastructure investments
Infrastructure investment and nature recovery
Low-carbon transport and communications
Government announcements on transport
Challenges on the road to decarbonising transport
Rolling out electric charging and hydrogen refuelling infrastructure
Hydrogen powered heavy vehicles
Active travel and air pollution
Industry and low-carbon energy
Decarbonising automotive manufacturing
Battery manufacturing capabilities
Buildings and sustainable development
4 Fiscal and financial incentives for a green recovery
Ensuring that revenues contribute to additional green investment
Tax incentives for green recovery
Shifting taxation to make the polluter pay
Incentivising green retrofits and energy efficiency
Incentivising low-carbon transport
Conclusions and recommendations
Appendix: Correspondence with the Bank of England
List of Reports from the Committee during the current Parliament
Published: 17 February 2021 Site information Accessibility statement