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<p>There is significant potential for UK businesses of all types and sizes to reduce
environmental impacts, including carbon emissions, and to save money by moving to
more sustainable practices. Change is needed to achieve the Government’s commitment
to reach net-zero carbon emissions by 2050 and delivery of the targets of the 25-Year
Environment Plan. The Government has rolled out numerous incentives to support businesses
in increasing energy efficiency and reducing carbon, while ensuring the availability
of affordable energy. Some of these include:</p><ul><li>the Climate Change Agreement
Scheme, which offers discounts to the Climate Change Levy tax in exchange for signing
up to and meeting energy efficiency or carbon reduction targets.</li><li>the Energy
Savings Opportunity Scheme, a mandatory energy assessment scheme for large businesses.</li><li>the
Industrial Energy Transformation Fund, a £315m fund to support industrial energy efficiency
and decarbonisation projects.</li><li>the Clean Steel Fund, £250m to support decarbonisation
of the UK steel sector.</li></ul>
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