Environmental Affairs is Policy Exchange’s quarterly journal, which explores the implications of the growing role of environmental policy. As environmental questions are increasingly felt in other areas, from economics, to security, to foreign affairs, we look at what these overlaps will mean. Our contributors are world leaders, distinguished thinkers and experts in their fields, drawn from the UK and around the world.

In 2021, the UK will host the G7 and COP26 and take a key part in other major summits, giving it a unique opportunity to lead the global diplomatic agenda. This report argues that he UK should use its position to drive a programme of green finance reforms that will enable a fundamental shift to a sustainable global economy.

The Energy & Environment Unit at Policy Exchange launched a paper warning that the installation of electric vehicle chargepoints would have to be five times faster during the 2020s to make the petrol and diesel vehicle ban workable. The report was authored by Ed Birkett, Senior Fellow and William Nicolle, Research Fellow at Policy Exchange. The release coincided with the Government’s announcement of £20m additional funding for EV charging infrastructure. Read coverage of the report in The Telegraph, Sky News, Bloomberg and BBC News. Read the report here.

The UK’s commitment to phase out new petrol and diesel cars and vans by 2030 was at the heart of the Prime Minister’s recent ‘Ten Point Plan for a Green Industrial Revolution’.  This commitment reflects both sharp reductions in the cost of electric vehicles (EVs) and the urgent need to clean up the transport sector, which is now the UK’s largest source of greenhouse gas emissions.

The UK Government’s commitment to quadruple offshore wind capacity by 2030 will transform Great Britain’s electricity system. However, it poses serious challenges for the electricity market. Market conditions during the summer lockdown showed that the Government needs to make reforms, otherwise costs will rise and customers won’t benefit from the falling cost of wind and solar.

The North Sea is strategically central to meeting the UK’s target of Net Zero emissions by 2050. By fully developing offshore wind, the North Sea could provide one-third of the UK’s energy needs, and this proportion will grow if low-carbon hydrogen and carbon capture, utilisation and storage (CCUS) are also fully developed.