The latest CBI Economics commissioned report looks at the growing contributions of net zero to the UK economy.
As the urgency to address climate change intensifies, the UK stands at the forefront of a significant economic transformation. The nation's net zero economy is not only a testament to its commitment to sustainability but also a burgeoning sector that promises substantial economic benefits. The latest CBI Economics report, commissioned by the Energy & Climate Intelligence Unit (ECIU) highlights just how much the UK's net zero economy is already contributing.
A green growth engine
Think going green is just a nice idea? Think again. The net zero economy has become a powerhouse of job creation and economic expansion with 10.1% growth in the total economic value supported by the net zero economy since 2023. In 2024, there were 22,800 net zero businesses, with small and medium-sized enterprises (SMEs) making up 94% of the sector. Together, these businesses have pumped £28.8 billion into the economy - 0.82 billion less than the entire size of Wales's economy. They