Green investment: The prudent choice for prosperity
Article
The UK drastically needs to reduce carbon emissions and address biodiversity loss. Meanwhile, the public, staring down the barrel of soaring costs and economic headwinds are looking for tangible improvements to their everyday lives and local environments.
In the recent autumn statement, the chancellor set out the government’s plans to respond to the turmoil from October’s mini budget. He outlined significant tax rises, new fiscal rules limiting borrowing, and significant cuts to public services from 2025. Within this changed political and economic context, the politics of the 2010s with a narrow focus on debt is threatening a return.
This paper sets out how to increase public spending on climate and nature, at speed to maximise economic opportunities and ensure ongoing public support.
Related items
Realism and progress: How should the UK think about international policy in 2024?
Given the current polls, the Labour party looks set to form the next government. It has taken the temperature of the country and, whereas in 1997 its leaders put hope at the heart of their campaign, this time they have chosen to focus on…Rock bottom: Low investment in the UK economy
The UK’s investment performance is still worse than every other G7 country, new data shows.There is an alternative to traditional ways of delivering social and economic value
Our new report An alternative is possible: Measuring the impact of cooperatives puts forward a new framework for measuring the value that cooperative organisations deliver to local economies.