Climate change institute urges ‘massive investment’ in net zero

Zero-carbon transition must also address poor productivity performance in the UK, says LSE report

Next week’s budget should kick-start a decade of “massive investment in accelerating the transition of the UK economy to zero-carbon growth”, a leading research institute has said.

With interest rates in the UK low, the economic climate is right for the investment in innovations and skills needed to reach climate targets, says the report from the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science.