The UK Government are committed to a low carbon global economy. Internationally, we are working through fora including the G8, G20 and Major Economies Forum, to stimulate a low carbon recovery and support a transition to a low carbon economy.
This was a key priority for the G20 London summit, chaired by the Prime Minister. The summit communiqué makes building a green and sustainable economy one of the six core commitments of economic recovery made by the G20 countries, and ‘accelerating the transition to a green economy’ one of the goals of fiscal expansion. G20 leaders also agreed a strong commitment to achieving an international climate change agreement at Copenhagen—the first time all major countries have collectively done so. Achieving an ambitious agreement will be an important step towards creating an international framework which supports a low carbon global economy.