Leaders of banks, energy companies, technology giants and finance firms were among those attending the first-ever meeting of the UK’s Net Zero Council.
Co-chaired by Energy Minister Graham Stuart and Co-op Group chief executive Shirine Khoury-Haq, the council will support the industry to help cut emissions and develop greener practices.
Energy Minister, Graham Stuart, said: “The Net Zero Council provides the high-level forum for government, business and finance leaders to work together to unlock the opportunities of the green transition.
“Tackling emissions can make businesses more energy efficient, improve UK energy security and, in turn, cut costs. It can open up opportunities to export UK developed solutions around the world, expand UK market share and create jobs.”
Construction, manufacturing, retail and water and waste were identified as priority sectors to support and focus on, alongside the UK’s world-class university and R&D sectors, with capabilities of building cutting-edge technologies of the future, such as green aviation, hydrogen, CCUS and batteries.