Climate Change Agreements: Tax incentive scheme has helped saved 6.6 million tonnes of CO2 emissions a year

clock • 2 min read
Between 2013 and 2020, participants in BEIS's Climate Change Agreements scheme have slashed 23.8 million tonnes of CO2e
Image:

Between 2013 and 2020, participants in BEIS's Climate Change Agreements scheme have slashed 23.8 million tonnes of CO2e

A new report has assessed the emissions reductions achieved by participants in the government’s primary climate tax incentive scheme

Businesses receiving tax benefits for taking climate action collectively slashed 6.6 million tonnes of CO2e between 2019 and 2020, a new report has revealed. The biennial progress report on the government's...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Taxation

Green levy reforms to cut energy price cap by £138 from April

Green levy reforms to cut energy price cap by £138 from April

Cornwall Insight analysis predicts measures in Autumn Budget to slash energy price cap by eight per cent

Stuart Stone
clock 05 January 2026 • 4 min read
CBAM: EU's carbon border levy enters into force

CBAM: EU's carbon border levy enters into force

Flagship levies on carbon intensive materials imported from outside the EU entered into force on 1 January

Stuart Stone
clock 02 January 2026 • 4 min read
CBAM: EU seeks to extend carbon border levy to additional products

CBAM: EU seeks to extend carbon border levy to additional products

European Commission proposes reforms to CBAM that would see a further 180 imported steel and aluminium products impacted by the levy

Michael Holder
clock 17 December 2025 • 7 min read