What is New Capital Consensus? New Capital Consensus is a coalition of Radix Big Tent, Chatham House, FinSTIC (IFoA) and the University of Leeds to identify the behavioural, political and regulatory levers necessary to release billions of pounds of private, long-term investment capital, to green the UK economy and tackle structural inequalities. 2. [...] What is New Capital Consensus trying to achieve? Currently, the UK investment system is not providing the long-term investment capital necessary to deliver net zero, from green power generation to sustainable transport to new energy efficient technologies. Nor do we have the resources to deliver levelling up and tackling inequality. [...] How much capital is there? Where is it? What form(s) does it take? ● Identify the current obstacles to releasing that capital – regulatory, cultural, practical and political ● Identify actions that can release that capital eg legislative, administrative, regulatory, educational etc ● Frame our recommendations to appeal to policy makers and influencers to influence their decision 2 4. [...] What is New Capital Consensus doing now? Our current work is focussed on: ● Conducting the research necessary to evidence what is currently going wrong ● Convening interested stakeholders from industry and politics and policy making to gather a range of views so that our work is not undertaken in a vacuum ● Promoting buy-in to New Capital Consensus so it is understood that we are honest brokers ra. [...] Where does New Capital Consensus’s funding come from? We have received funding from the following Foundations and institutions: ● Baillie Gifford ● The Children Investment Fund Foundation ● Lankelly Chase In addition, the project is supported in kind by the four coalition members, Radix Big Tent, Chatham House, FinSTIC and the University of Leeds 8.
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