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Net zero economy grew 9% in 2023 to be worth £74 billion, report says
- The UK's transition to net zero offers economic opportunities, with businesses already showing growth and attracting investments.
- Green sector businesses added £74bn in value in 2022-23, supporting 765,700 full-time jobs and outperforming the wider economy.
- The UK risks missing out on growth without a clear industrial strategy for a green economy to attract investments and ensure economic competitiveness.
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UK’s net zero economy grew 9% in 2023, report finds
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 …
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Evening Standard
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.
Net zero, the UK’s only economic good news… and an election winner?
New analysis says Britain's booming green sector is concentrated in battleground seats
Coverage Details
Total News Sources8
Leaning Left2Leaning Right0Center5Last Updated71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 29%
C 71%
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