Institutional Investors Group for Climate Change calls for clearer UK Budget delivery plans and policy certainty

Responding to the UK government's Autumn Budget, Stephanie Pfeifer, CEO of the Institutional Investors Group for Climate Change, welcomed energy cost relief, grid connection reforms and additional public finance, but called for clearer delivery plans and predictable policies to mobilise private investment. Relief for households and industry needs to be matched by sustained investment in clean power, energy efficiency and grid infrastructure to support the UK's net zero goals. Investors need practical details on how cheaper, faster connections through GB Grid will affect connection queues and network investment. The impact of additional funding for the National Wealth Fund and British Business Bank will depend on how it is deployed, reduces project risk and attracts additional private capital. Public finance deployment should align with the UK's industrial strategy and sector transition pathways to build a pipeline of investable projects. A wider delivery roadmap should address planning reform, grid expansion and a predictable clean power deployment pipeline. Recent uncertainty over the zero emission vehicle mandate illustrates the risks that policy reversals pose to investor confidence and capital allocation. The Budget also leaves unresolved how the government will mobilise private investment in nature recovery, climate adaptation and resilience. These areas need clear policy frameworks, revenue models and investable project pipelines.