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CBI Climate Change Forum Tom Delay 31 March 2009
Our mission is to accelerate the move to a low carbon economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
We create economic value by reducing costs and building low carbon enterprise ,[object Object],[object Object],[object Object],[object Object],Low Carbon Investment Prioritisation High Potential Low Potential Low Potential High Potential UK environmental objective UK economic objective Do nothing Attract inward  investment e.g. first  generation  photovoltaics Invest for  export e.g. stationary  fuel cells for  Africa Invest for  domestic  use and  export e.g. Offshore  wind
Economic recover needs dual focus on efficiency today and low carbon growth ,[object Object],[object Object],[object Object],[object Object],Building efficiency into organisations today  Investing in strategic low carbon  industries of tomorrow Jobs and carbon savings  today Jobs, potential carbon savings and leadership in key sectors for the  future ,[object Object],[object Object],[object Object]
Net present value of costs and benefits to Carbon Trust customers in 2007/8, £m Note: Policy cost covers the annual policy cost; capital investment is the investment to get the energy savings;  lifetime energy savings is the present value of energy savings Policy cost Capital investment Lifetime energy savings Total cost saving (34) (300) 620 320 Weak business drivers limit organisational commitment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Lack of an identified solution prevents action Lack of funding prevents investment Energy efficiency makes good business sense today, although barriers remain
Carbon Trust Standard measures year-on-year reductions and is aligned to the CRC ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Organisations certified  at launch
Product carbon footprinting generates carbon/cost savings across supply chain ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1. Standards setting 2. Customer communication Working in partnership with business in the UK and overseas PAS 2050 launched October 2008
 

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