Climate Change: Small Businesses
Commons · Question 4485 · Tabled 29 May 2026 · Department for Energy Security and Net Zero · Official record
Answered 8 Jun 2026
Question
Asked by Juliet Campbell
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the impact of climate change on the operating costs of small and medium-sized businesses.
Answer
Answered by Katie White, 8 Jun 2026
The independent Office for Budget Responsibility found that the UK’s economy would decline by nearly 8% by the early 2070s, if the world warms by just below 3C this century, compared to a no climate change baseline. That is why we are supporting SMEs to r...