Source · Select Committees · National Security Strategy (Joint Committee)
Recommendation 27
27
Paragraph: 129
In light of the cost-of-living crisis and the increasing impact of climate change on CNI,...
Conclusion
In light of the cost-of-living crisis and the increasing impact of climate change on CNI, it is essential that the Government, regulators and operators consider carefully Readiness for storms ahead? Critical national infrastructure in an age of climate change 55 how to spread the costs of adaptation, ensuring that it does not affect financially vulnerable customers. There is nevertheless a grave risk that these shorter-term affordability pressures result in inadequate longer-term investment in resilience and adaptation, incurring far greater costs later on. There are difficult trade-offs to manage between affordability and resilience, but with no central oversight at present, and very little public awareness of the risks that are being taken.
Paragraph Reference:
129
Government Response
A response document is linked to this report, dated 2 March 2023. Response attribution to this conclusion has not been verified. Read the response document ↗