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London Development Agency (LDA) today restated its commitment to tackle climate change – backed up by proposed investment of £72 million to cut carbon dioxide emissions in London by 1.5 million tonnes over the next four years. This will represent a significant step toward delivering the Mayor’s target of a 60% reduction in carbon dioxide emissions by 2025.
The announcement comes after the LDA’s Board discussed a review of current LDA climate change work. The LDA’s proposed priorities now will be on getting significant carbon reductions from waste, decentralised energy and energy efficiency in existing buildings - areas identified as offering the best return on investment.
LDA Group Director for Design, Development and Environment Peter Bishop said:
“We need to act to mitigate the impact of climate change – which means planning for real carbon savings now. The London Development Agency is now looking to achieve tangible results and make the biggest impact in reducing carbon dioxide emissions. We want to be able to show that we are making a measurable difference on climate change.”
There is significant scope for carbon savings in waste by minimising commercial waste, improving recycling, processing and developing energy from waste. The LDA’s proposed £72 million investment will include £24 million over the next three years in the newly created London Waste and Recycling Board.
Decentralised energy schemes will deliver major reductions in carbon emissions through the development of local combined heat and power plants and district heating technology. Building on the innovative Barking District Heating Scheme, the LDA already has identified a pipeline of projects designed to save 110,000 tonnes annually – a major step toward the Mayor’s target to decarbonise London’s energy supply.
Programmes to address energy efficiency in existing buildings will also play a major part in the LDA’s climate change efforts. The Green 500 recruits major companies and organisations, who then draw up carbon reduction plans. The Better Buildings Partnership works with London’s big commercial landlords to invest in energy efficiency in London’s large property estates and the Buildings Energy Efficiency Pilot for public sector buildings will be rolled out.
The LDA Board agreed a recommendation to exit the London Climate Change Agency and mainstream its climate change work into the LDA. This will enable the LDA to deliver a greater impact on climate change and secure significant reductions in London’s carbon dioxide emissions.
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