London’s built environment risks “falling off track” on its sustainability agenda, according to a new survey from New London Architecture.
Some 85% of NLA’s 100 member companies said that current policy and regulations were not compatible with the industry’s net zero ambitions. The survey was undertaken in September this year, prior to chancellor Rishi Sunak’s announcement this week which will see the UK become the first country in the world to make TCFD regulations mandatory and issue its first sovereign green bond.
NLA director Catherine Staniland said: “London is home to an amazing proliferation of initiatives and projects to help London become a net zero carbon city. However, our member survey showed that we risk falling off track unless our national policies and regulations fully align with these ambitions.”
The survey also revealed that only 34% of members thought London was on track to meet its sustainability targets while 60% wanted to see the mayor commit to making London carbon neutral by 2030.
More than 90% said the current Covid-19 crisis could be an opportunity to act in a more environmentally conscious way and transition to a 100% green economy.
However, the NLA warned that with the current inadequate provision of central government funding, access to green finance and incentives, none of this would be achievable.
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