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How do we pay for all of this?

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How do we pay for all of this?

Have your say on how we finance net zero, climate adaptation and nature's restoration in the region, making sure we leave nowhere behind.

Introduction

Although meeting our climate, nature and resilience goals will require investment in the hundreds of billions, the challenge isn’t necessarily a lack of finance. The financial market is global, but projects that reduce emissions, restore nature, and help us adapt to a changing climate happen in our towns, cities, and countryside. The main task therefore is how we make finance work locally. 

Bringing investment into our places will not just mean returns for investors: we will also see benefits to wider society, such as improvements to public health; reduction in the cost of living; and new, skilled jobs.  

This paper looks at how taking a regional view of Yorkshire and Humber can help us to work collaboratively to bring investment into our places, ensuring nowhere is left behind. The paper is informed by of Delivering Impact session on the topic (you can watch a recording here) and sets out the actions we can take in the region.

Please read the document below and shaere your thoughts in our short survey.

YHCC_Finance_and_Investment_Draft_Delivering_Impact_Report_tmfjth.pdf
YHCC_Finance_and_Investment_Draft_Delivering_Impact_Report_tmfjth.pdf
pdf

The draft paper brings in ideas and expertise from our Commissioners, research, and experts who are tackling the problem across the country, in the region, and on the ground. You can watch the expert speaker session on this topic in the video at the foot of this page.

At this stage, the paper might not give the full picture so we would really value your feedback. The ideas we are discussing affect everyone - we want to know what you think. Please give your responses in the survey below.

The paper outlines a number of ways we can accelerate our progress towards net zero including: 

  • Developing investable projects that meet our climate, nature and resilience goals. 
  • Attracting both public and private investment to those projects. 
  • Ensuring that projects solve multiple problems and improve our quality of life, targeting areas where investment is needed most, 

We would like your input to challenge and shape the ideas set out in this first draft.  

We are keen to hear from experts on different aspects of land use to ensure rigour in our interpretation of the science and social factors underpinning this paper. 

We are equally keen to hear the views of people who live and work in Yorkshire and Humber to ensure our final position paper and actions address the needs of people and communities across the region. 

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Watch this video if you are interested in watching the full recording of the expert panel presentations on  enabling better quality homes and places in the region Watching this video is optional and if you do not want to watch, simply click 'next' to submit your survey.

We heard from four expert speakers in our Delivering Impact Session on 19th April 2023, each presenting their perspectives on what needs to happen within finance and investment , and then discussed the opportunities and the actions we could take as a region.  

  • Professor Nick Robins, Grantham Research Institute on Climate Change and the Environment 
  • Dr Tauni Lanier, Director ESG Advisory, BDO 
  • Robert Hall, Director, Federated Hermes 
  • Karl Harder, Co-director and Founder, Abundance Investment 
  • Christine Zhou, Vice President, Bankers without Boundaries 
  • Keith Davie, Senior Advisor, Environment Agency 


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