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

  1. Towards a Communities Agenda 2.0

    Andy Burnham’s arrival in Downing Street creates an opportunity to go much further on the communities agenda than we’ve seen up to now. So what should more ambition look like in practice?
  2. Young male delivery cyclist working part-time, riding through city streets with food backpack on.

    Raising the bar: Strengthening living standards while banning exploitative zero-hours contracts

    Labour’s manifesto committed to banning exploitative zero-hours contracts as part of sweeping upgrades to workers’ rights.
  3. The Bank of England is watched over by a statue of the Duke of Wellington seated on his horse

    Beyond headroom: Why we need a better fiscal framework to fix the UK’s long term problems

    There has been long-standing debate about the UK’s fiscal rules and fiscal framework.