The Independent

UK should boost green public investment by 1% of GDP a year, say top economists

Source: PA Wire

The UK Government should increase public investment in tackling climate change and biodiversity loss by £26bn a year – or 1% of gross domestic product (GDP) – to boost growth and productivity, leading economists have found.

Professor and other experts from the London School of Economics and the University of analysed current plans to cut public investment over the next few years, as laid out in the Chancellor’s 2024 autumn statement.

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