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INSTITUTIONAL INVESTORS GROUP ON CLIMATE CHANGE (IIGCC.ORG) PRESS RELEASE – for immediate release Press Contact: Hannah Pearce (IIGCC) [email protected] +44 (0)7867 360273 LONDON, 3th March 2016 Commenting on the Energy and Climate Change Committee’s report calling for the UK Government to restore investor confidence in the UK energy sector, Stephanie Pfeifer, CEO, IIGCC said today: “IIGCC welcomes this well framed report, particularly the emphasis MPs place on the need for the UK government to ensure going forward that all aspects of its energy policy support a smooth and sustainable glide path towards the full competitiveness of low carbon energy generation - something we emphasised very strongly in both our written and oral evidence to this inquiry. “IIGCC also believes it’s critical that the UK Government secured the longer term investment required to secure the development of sustainable energy supplies for the future. “Going forward it is vital the UK government clarifies how it intends to proceed with the next round of support payments for low carbon renewable energy developments. “IIGCC will look closely at the committee’s suggestion that all relevant future energy policy changes should be subject to an Investor Confidence Impact Assessment.” IIGCC submitted written evidence and IIGCC’s Chair Donald Macdonald gave oral evidence on 09 Feb 2016. ENDS NOTES FOR EDITORS For interview requests please contact Hannah Pearce ([email protected] ) +44 (0)77867360273 About Institutional Investors Group on Climate Change (Europe) www.iigcc.org @iigccnews The Institutional Investors Group on Climate Change (IIGCC) is the investor voice on climate solutions in Europe. It is a collaborative forum where 120 members – mainly mainstream investors including some of the largest pension funds and asset managers in the EU – with over €13 trillion AUM. IIGCC’s mission is to provide investors with a common voice to encourage public policies, investment practices and corporate behavior which address long-term risks and opportunities associated with climate change.
