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A new report from CDP reveals that UK local authorities have identified £67 billion in climate infrastructure projects, signaling growing momentum toward achieving national ESG goals and a long-term carbon neutral strategy. The report, titled From Disclosure to Action, surveyed 104 authorities representing over half of the UK’s population, GDP, and emissions.
A record 96% of local councils now have climate action plans, up from just 58% in 2018. These plans now cover 59% of the population and 55% of UK emissions, showing a nationwide push for decarbonisation. However, 48% of authorities cite budget limitations as their greatest obstacle, risking delays in critical climate interventions.
Key threats identified include extreme heat, flooding, and related social risks, particularly to elderly populations, low-income households, and those with health conditions. Alarmingly, 83% of councils warn that climate hazards could disrupt essential health and social services.
Despite financial challenges, local climate actions are already delivering significant ESG benefits:
While 333 projects have been proposed, with £27 billion in immediate funding needs, the report warns that lack of sustained investment could stall progress and hinder the UK’s climate ambitions.
As climate risks escalate, CDP emphasizes that long-term financial support is essential to ensure local authorities can deliver on their ESG commitments and help realize the UK’s carbon neutral strategy by mid-century.
출처:
https://esgnews.com/uk-local-authorities-plan-67-billion-in-climate-projects-cdp-report/
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