A mission approach for a pro-growth, pro-business transition

16.  The Review has listened and engaged with almost every sector to identify the barriers to future delivery, as well as the opportunities that could be seized in the future. Overwhelmingly, the common message has been the need for clarity, certainty, consistency, and continuity from government. Sectors have indicated that a long-term, stable investment plan is required. We have identified ten priority missions to harness public and private action out to 2035:

17.  This Review sets out to assess how we deliver a more affordable and efficient transition. It is clear that we bring down costs by creating certainty and stability and that by early action we can build industries and supply chains in the UK, producing growth. The Review's recommendations unblock barriers across the policy landscape, from how to decarbonise oil and gas extraction to providing clarity for industry through a long-term vision for the UK Emissions Trading Scheme (ETS). It makes the case for more long-term delivery frameworks to tackle the challenges we face and unlock the benefits there for the taking.

18.  The Review's evidence points towards some basic principles of effective net zero decision-making that should underpin this action. We must:

•  Quickly take the decisions we know we have to. This is how we will achieve net zero in a more affordable and efficient way, at the same time as providing certainty for inward investment in the UK;

•  Invest in research and development so we are ready to take decisions that we know we are going to have to make, such as rolling out demonstrator projects; and

•  Prepare the ground with agile and flexible policy frameworks so we are ready for the future, resilient in the face of uncertainty, and equipped to act at speed when opportunities arise.