Prince of Wales’s Corporate Leaders Group backs climate change adaptation programme

LEADING UK companies involved in the Price of Wales’s Corporate Leaders Group on Climate Change have warmly welcomed the Government’s launch of programme to prepare the nation for the effects of climate change.

The National Adaptation Programme will be based on evidence from a new Climate Change Risk Assessment which is being launched alongside the programme today.

The corporate leaders group, whose members include Anglian Water, EDF Energy, BT, Tesco, BSkyB, Shell, Unilever, Kingfisher, Lloyds Banking Group and BAA, argue that long-term certainty on adaptation plans is critical for investors.

Successful adaptation had the potential both to protect economic assets and to create jobs and spur growth, they say.

Peter Simpson, managing director of Anglian Water, said: “We will only tackle the challenge of adapting to a changing climate by working together. We are really encouraged that the government recognises this, and we’re ready to play our part in addressing the challenges climate change will bring.”

Vincent de Rivaz, chief executive of EDF Energy, which is planning a new-build nuclear power station at Sizewell, added: “For our new stations, assessing climate change risks is an integral part of the design process.”