On Wednesday, the Environmental Audit Committee (which I Chair) released our new report: Growing Back Better: putting nature and net zero at the heart of the economic recovery.

Covid19 has caused such a vast change to our economy that the recovery is likely to shape our national economy for decades to come. So rather than embedding out of date or polluting practices that later need to be corrected, it is crucial that tackling climate change and restoring nature is at the core of the recovery.

While the Prime Minister’s 10 point plan for a green industrial revolution is a welcome start, we have an opportunity to go further. Our cross party group has given specific recommendations, but the general principle is to deliver a tax system fit for net-zero Britain. It will encourage innovation and support companies to make the low-carbon transition.

There are a lot of options the Chancellor could and should consider for his Budget next month. But our key recommendations include VAT reductions to repair services and items that have been recycled, to encourage a circular economy; VAT reductions on energy efficiency upgrades in homes; and tax incentives to encourage more take-up of ultra-low emission vehicles.

As I mentioned above, decisions taken now will either exacerbate challenges to climate change, or help us cut our environmental impact. Houses built today will last long into the future – so it is important they meet high standards, rather than having to be retrofitted later. In terms of older homes, like many here in South Shropshire, the Green Homes Grant must be overhauled and given a multi-year extension if it is to meet the Government’s target of issuing 600,000 vouchers.

The upcoming transport decarbonisation strategy should set out plans for long-term investment in public transport, and enhance travel infrastructure to support more walking and cycling in towns and cities.

We are also calling for a pilot for a National Nature Service – in partnership with conservation charities – which would create training and employment opportunities in conservation. The pilot would test its feasibility and aims to open up more conservation opportunities.

These changes have the potential not only to ensure we do all we can to meet our legal obligation to hit net zero emissions by 2050, but also to create jobs and growth across all regions of the UK. I look forward to the government’s response to our report, and the Chancellor’s forthcoming Budget.