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The Diplomatic Dispatch

The British Ambassador to Sweden blogs on The Local

Posts Tagged ‘Green Deal’

Green Deal and greener dealing

Monday, February 4th, 2013

Last week, two notable “green” events came to my attention.

First, the UK government launched The Green Deal.

This encourages property owners to make energy-saving improvements by allowing them to off-set costs against reductions in their bills. In other words, you can now pay for the the improvements over time on your electricity bill, rather than having to find the money up front. The typical household’s monthly saving on energy costs is expected to be more than the cost of the monthly repayments.

This programme is expected to:

• Boost the low carbon economy through the creation of up to 60,000 jobs in the insulation sector alone by 2015

• Provide new financing opportunities for consumers

• Enable businesses to better compete for energy efficiency opportunities; and

• Open up the energy efficiency market to new consumers and producers.

The Green Deal should also provide significant further opportunities for Swedish business to invest in the UK energy sector. Our UKTI team (Jenny Gardner and Daniel Nutley in the Embassy) can provide more information.

Also last week, the Sustainable Fashion Academy in Sweden gave its Global Leadership Award for Sustainable Apparel to the UK Government’s Department for Environment, Food and Rural Affairs (DEFRA) and the UK non-profit organization, Waste & Resources Action Programme (WRAP).

The Award aims to identify and share best practice in order to accelerate sustainability within the clothing and fashion industry. DEFRA and WRAP were recognised for their leadership in demonstrating the role of government in ensuring the clothing and fashion industries respond successfully to global trends – particularly, environmental and social challenges.

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