UK could gain £90bn a year from transition

WWF has published a report, prepared by Vivid Economics, outlining a possible UK investment strategy for building back a resilient and sustainable economy, with the transition to net-zero yielding over £90bn of annual benefits.

Keeping us competitive: A UK Investment Strategy for Net Zero
shows that in the aftermath of the Covid-19 pandemic that by rebuilding the economy with green investment the co-benefits will far outweigh additional immediate spending, the growth opportunities and, indeed, the costs of inaction.

This the result of wider improvements to human health and the natural environment alongside unlocking substantial business opportunities for the UK – all key in building a more resilient and better economy would cost over £30bn investments annually in the short-term, but would create benefits in the longer term that are there times higher.

Report here.

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