UK Government should invest in the transition to a circular economy.
DS Smith’s Head of Sustainability, Wouter van Tol, responds to the UK Government’s announcement of a green jobs recovery package.
Chancellor Rishi Sunak announced a £3bn package to stimulate the UK’s green economy as the country recovers from the COVID-19 pandemic.
DS Smith Group Head of Sustainability, Wouter van Tol said:
“DS Smith is committed to a green recovery focused on the circular economy. The government has a once in a lifetime opportunity to focus on sustainability and address the climate emergency to rebuild post Covid-19, however the £3bn green jobs recovery package announced by the Chancellor does not go far enough.
“We call on government to include hydrogen as one of the early stage technologies to receive investment as a future replacement of natural gas and as a way to store solar and wind power, in line with CEPI’s 2050 decarbonisation roadmap.
“While this is a good start, we would also expect to see further funding to entrench the circular economy in our recovery and ensure a more sustainable world.”