The “net zero economy” – from renewables and electric cars to green finance – grew 9% in 2023 to contribute £74 billion to the UK, a report has shown. Net zero businesses, supply chains and spending by employees were worth 3.8% of the overall UK economy, the study commissioned by the Energy and Climate Intelligence Unit (ECIU) said.

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Hotspots for green activity include electoral battleground constituencies, think tank says as it urges politicians to back the sector.

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Net zero economy grew 9% in 2023 to be worth £74 billion, report says

The “net zero economy” – from renewables and electric cars to green finance – grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.

Shropshire Star

MNA Media

Ketley

Shropshire

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

The UK will "miss out" on economic growth unless it finally comes up with an industrial strategy to green the economy, the leading business group has warned.

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Roberts family

'Real danger' UK will miss out on economic growth without green plan - CBI economists warn

New analysis says Britain's booming green sector is concentrated in battleground seats

The National

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Abu Dhabi

United Arab Emirates

Net zero, the UK’s only economic good news… and an election winner?

Business group argues burgeoning green economy is critical to future UK growth prospects, after far outperforming wider UK economy that has stagnated in recent years

http://www.businessgreen.com

CBI: UK's 'net zero economy' grew to £74bn in 2023

Green businesses and jobs are booming – in stark contrast to the national economy – but political U-turns risk future growthThe UK’s net zero economy grew by 9% in 2023, a report has revealed, in stark contrast to the 0.1% growth seen in the economy overall. Nevertheless, the report pointed out that strong future growth from green businesses was being put at risk by government policy reversals, lack of investment and competition from the EU and …

Net zero economy grew 9% in 2023 to be worth £74 billion, report says

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