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The Green Economy

          The UK Experience




                         John Pearson

                         Head, Regional
                         Climate Change
                         Network




The 2008 Climate Change Act
2008 Climate Change Act




1. Legally-binding targets

• 2020 target - 34% reduction

• 2050 target – 80% reduction
2. Carbon budgets…




…deliver incremental cuts
 Carbon budgets
are equivalent to a
    34% cut in
 greenhouse gas
  emissions in
      2020.


   ....and will be
  tightened if the
 EU moves to 30%
 – around 42%??


 The UK will also
 cut emissions by
  80% by 2050.
3. Committee on Climate Change




Committee On Climate Change
                 3rd Progress Report

                   - Emissions increased by 3%

                   - Underlying trend is flat

                   - Need increase rate of GHG
                   reduction
A huge challenge ...




We need big changes
Economics of Climate Change




    Energy Efficiency in SE Asia

EE can reduce SEA region’s energy bill by US$1.34bn*annually




*ReEx estimates                                                12
Low Carbon Economy




More information…….


                 www.decc.gov.uk


                 www.theccc.org.uk


                 www.adb.org
Energy Efficiency - “Green Deal”




 Energy Efficiency
Low Carbon Transport




Congestion Charging
SE Asia could lose 6.7% of GDP by 2100,
 if non-market impacts and catastrophic
     risks are also taken into account.




           Extra slide 2 – CCC

 Lord Adair Turner (Chair) - Chair of the Financial Services
 Authority
 David Kennedy (Chief Executive - Previously World Bank

 Professor Michael Grubb - Chair of the international research
 network Climate Strategies
 Sir Brian Hoskins - Director of the Grantham Institute for
 Climate Change
 Professor Julia King - Vice-Chancellor of Aston University
 Lord Robert May – previously Chief Scientific Adviser to the UK
 Government
 Professor Jim Skea - Research Director at UK Energy
 Research Centre
Renewable Energy in the UK

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John pearson uk low carbon experience and se asia work jakarta oct 2011

  • 1. The Green Economy The UK Experience John Pearson Head, Regional Climate Change Network The 2008 Climate Change Act
  • 2. 2008 Climate Change Act 1. Legally-binding targets • 2020 target - 34% reduction • 2050 target – 80% reduction
  • 3. 2. Carbon budgets… …deliver incremental cuts Carbon budgets are equivalent to a 34% cut in greenhouse gas emissions in 2020. ....and will be tightened if the EU moves to 30% – around 42%?? The UK will also cut emissions by 80% by 2050.
  • 4. 3. Committee on Climate Change Committee On Climate Change 3rd Progress Report - Emissions increased by 3% - Underlying trend is flat - Need increase rate of GHG reduction
  • 5. A huge challenge ... We need big changes
  • 6. Economics of Climate Change Energy Efficiency in SE Asia EE can reduce SEA region’s energy bill by US$1.34bn*annually *ReEx estimates 12
  • 7. Low Carbon Economy More information……. www.decc.gov.uk www.theccc.org.uk www.adb.org
  • 8. Energy Efficiency - “Green Deal” Energy Efficiency
  • 10. SE Asia could lose 6.7% of GDP by 2100, if non-market impacts and catastrophic risks are also taken into account. Extra slide 2 – CCC Lord Adair Turner (Chair) - Chair of the Financial Services Authority David Kennedy (Chief Executive - Previously World Bank Professor Michael Grubb - Chair of the international research network Climate Strategies Sir Brian Hoskins - Director of the Grantham Institute for Climate Change Professor Julia King - Vice-Chancellor of Aston University Lord Robert May – previously Chief Scientific Adviser to the UK Government Professor Jim Skea - Research Director at UK Energy Research Centre