Net zero requires £400bn spend this decade

Green infrastructure investment must double from current levels, to £40 billion per annum over the next decade, to reach the UK’s decarbonisation target. This is the conclusion of research by PwC, which has also warned that half of the investment opportunities identified would currently be unable to access low-cost capital because they would be considered too high risk. It has called for government to urgently identify mechanisms to ensure this funding is forthcoming.

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