Carbon Budget 7 sets the long-term framework for UK emissions reductions covering the period 2038–2042. The publication provides an important signal for industry, investors and policymakers as they plan for the transition to a low-carbon economy.

Chris Taylor, Net Zero Programme Director at the Broadway Initiative, said:

“The publication of Carbon Budget 7 provides a clearer long-term pathway than ever before. This is vital for investors and businesses to plan investments in clean and secure sources of energy. It also provides a stronger basis for sectors to collaborate with the Government under the Net Zero Council to develop Sector Transition Plans. These plans will turn this long-term direction into practical pathways for decarbonisation, innovation and jobs in some of the fastest-growing sectors of the future.”



Broadway’s work with business, government and wider stakeholders focuses on the collaboration needed to turn environmental goals into practical action.

Sector Transition Plans will be central to that task, helping sectors work with government to identify the investment, policy and delivery pathways needed to decarbonise while supporting economic opportunity across the UK.

The Broadway Initiative will continue to forge the collaboration needed to help ensure that long-term targets are translated into practical, investable and deliverable plans.