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Innovation Zero 2024 Main Stage

UK Government Announcements: July Policy Round-Up

Last month, the UK government unveiled its Modern Industrial Strategy and UK Infrastructure: A 10 Year Strategy, outlining long-term priorities to drive economic growth, foster future industries, create new jobs, and position the UK as a global leader in clean energy, research, and innovation. 

Building on these major announcements, July has seen a wave of further developments detailing how the UK plans to accelerate its low carbon transition across sectors. Key highlights include: 

UK-India Trade Deal

Last week, the UK and India signed a landmark trade agreement set to inject nearly $6 billion in new investment into the UK economy, supporting job creation across key sectors such as aerospace, technology, and advanced manufacturing. The government also highlighted how this new deal will help to boost trade in renewable energy equipment and other clean technologies—delivering economic benefits while accelerating both countries’ transition to a clean energy future. 

Clean Energy Flexibility Roadmap

Developed in partnership with NESO and Ofgem, this roadmap sets out how the UK plans to deliver a smarter, more flexible electricity system capable of fully integrating variable renewables, and which is equipped to meet rising electricity demand as sectors such as transport, heat and industry transition away from fossil fuels toward electrification. 

Unlocking Benefits for People, Nature and Climate

Recognising the interconnected the climate change and nature loss, this paper sets out the UK government’s integrated approach to addressing these crises. This strategy highlights how doing so will achieve emission reductions and ecosystem recovery, while also delivering wide-ranging co-benefits across food security, water quality, health and economic prosperity.   

Food Strategy

Transforming our food system is key to cutting emissions, restoring nature and enhancing resilience. The new food strategy outlines the Government’s vision for a healthier, more sustainable, affordable and resilient food system, which delivers for British businesses and communities. With this report focussing on outcomes, details on implementation are expected to follow in due course. 

Independent Water Commission: Review of the Water Sector

Finally, after nine months of research and consultation, the Independent Water Commission —chaired by Sir Jon Cunliffe—delivered its final report, presenting 88 recommendations on how to reform the UK’s water sector. Key proposals include the creation of a single regulator to simplify governance, eliminate duplication, and provide a stronger, more integrated view of water companies. The report also calls for new regulations to rebuild public trust, attract investment, and protect consumers.

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