Whether referred to as ‘Energy Security Day’, ‘Green Day’ or ‘The Green Moment’, the government announcement focused on clean energy and the UK’s transition to net zero was highly anticipated. On 30th March, it landed with over a thousand pages of strategies, plans, consultations, policy decisions and funding commitments.
The CBI is clear that, for business, the delivery of net zero is an enormous economic opportunity. Spurred on by their customers, investors and staff, increasing numbers of businesses are committing to sustainability targets, and believe the UK stands to gain from establishing itself as a global leader in green technology. With the right conditions, a wall of private capital can be unleashed towards this goal.
But the UK is not alone in seeking to grow market share in the green economy. Notably, the US Inflation Reduction Act and the EU’s Green Deal Industrial Plan are bold moves aimed at attracting private investor