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Press Release: The route out of recession is investment in green industrial revolution, says Ashden

For Immediate release

In response to today’s news that the UK fell into recession during the final three months of last year, Dr Ashok Sinha, CEO of climate solutions charity Ashden, said:

“The UK economy will continue to chronically underperform until we deliver the longer overdue investment needed for a green industrial revolution. In particular that means investing in small and medium enterprises that are a key driving force of local economic renewal.

“Unlocking the supply of skilled labour by investing in skills training is key to this in order to provide the workers SMEs need to deliver a mass energy efficiency and heat pump programme. This will lower energy costs to consumers and businesses alike.

“If ministers need inspiration they need look no further than Ashden Awards winners like B4Box in Manchester which trains young people and others wanting to enter the green building sector, and forward-thinking organisations like Housing Association’s Charitable Trust (HACT), which uses carbon credits to fund heat pump installations in social housing. Government must focus on releasing the power of innovative organisations and SMEs such as these to boost local economies and so help avoid future recessions as well as avert the climate emergency.”

ENDS

Notes to Editors

  1. Press contact: [email protected] mob: 07950 953004 Twitter: @ashden_org or [email protected]

 

  1. Dr Ashok Sinha is available for interview. He is Chair of the London Sustainable Development Commission and has a wealth of experience in environmental, sustainable development issues in the UK. Ashok has a PhD in renewable energy from Cambridge University and has published research on the climate feedback process.
  2. About Ashden https://ashden.org/ Ashden showcase climate solutions by amplifying the stories of low carbon initiatives from the UK and the global South through our annual Ashden Awards. In the UK, we bring together local authorities, clean energy and retrofit companies to help decarbonise local regions – see our sustainable towns and cities work and https://www.ashden.org/ Twitter: @ashden_org
  3. B4Box was a winner of the 2022 Ashden Award for Low Carbon Skills and HACT won the 2023 Ashden Award for Energy Innovation. 2 min videos and background available in the links.
    B4Box: B4Box Training – providing construction and skills training
    HACT: Driving Value in Social Housing | HACT
  4. High res photos can be downloaded from here: HACT, B4Box

 

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Photo: A B4Box worker installs insulation in a home in Manchester, UK. Investment in green skills, jobs and businesses are vital to provide jobs and a boost to the local economy. Credit: Ashden

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Sue Wheat

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Ashden

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