In the third month of lock-down in the UK, we’ve all had some time to think about the lessons of Covid-19 and what they mean for our work. It was encouraging to see that longer term strategic work on environmental policy and management did not lose momentum. In this month’s newsletter, we cover:
- What really matters - Can Covid-19 teach us something about how to deal with climate change?
- You’ve got mail from the CCC
- Accounting has never been this animated – by INCASE project
What really matters - Can Covid-19 teach us something about how to deal with climate change?
Our Founding Director, Ece Ozdemiroglu, was interviewed as a part of the Speaker Series of the Society of Professional Economists.
The conversation between Ece and Ulrike Hotopp (ex- Chief Economist of Defra amongst many other roles) explores a wide range of issues starting from the role of evidence in decision-making and the role of economics in informing decision-makers. Covid-19 may offer us all an opportunity to assess what’s important; how the decisions that concern us all are made; and what government’s role should be.
You can watch the full interview here: https://spe.org.uk/speakers/evening-talks/7535/watch-ece-ozdemiroglu-interview-with-ulrike-hotopp
You’ve got mail from the CCC
The Committee on Climate Change sets out its recommendations for a resilient recovery from Covid-19 and on the coverage of Environmental Land Management Scheme in letters to the Prime Minister, and Defra, respectively.
On the green recovery, the CCC’s recommendations are:
- Use climate investments to support the economic recovery and jobs.
- Lead a shift towards positive long-term behaviours.
- Tackle the wider ‘resilience deficit’ on climate change.
- Embed fairness as a core principle.
- Ensure the recovery does not ‘lock-in’ greenhouse gas emissions or increased climate risk.
- Strengthen incentives to reduce emissions when considering fiscal changes
On ELMS, the key recommendations are:
- ELM must sit within an integrated response to climate change, food provision and the environment.
- Adaptation underpins every outcome. ELM design should recognise that adaptation is a necessary pre-requisite to meeting the scheme’s other public good outcomes, because they are at risk from climate change.
- It is critical to encourage private investment alongside ELM funding in order to deliver the scale of transformation in land use and management that is required.
- Actions that reduce vulnerability and exposure to climate change should be rewarded under ELM; how this will happen through the design of the payments under the scheme needs to be clearly set out.
There is a lot more in both letters which can be found here:
Ece is a member of the Climate Change Committee – Adaptation.
Accounting has never been this animated!
We loved this video on natural capital accounting developed as part of the INCASE project www.incaseproject.com . We hope you enjoy it and share it with your colleagues and networks, too.