In the realm of the Spring Statement and the forthcoming Spending Review, sidelining investments in clean transitions is both economically shortsighted and politically unwise. Esin Serin from LSE’s Grantham Institute on Climate Change and the Environment argues that clean growth is essential for sustainable development. To achieve this, substantial investments must be prioritised now, as most funding will be sourced from private sectors over the next decades.
This emphasis on clean growth must reflect in the government’s strategies to foster a thriving economy amid growing climate challenges. Without a solid commitment to frontloading clean investments, there will be a risk of falling behind in the global arena. The time to act decisively and responsibly is now, setting the stage for a robust, environmentally sustainable future.
Joining BusinessGreen offers an opportunity to stay informed with exclusive insights, case studies, and analysis about the evolving green economy. Members have access to reports that navigate market trends and understand regulatory changes that impact sustainable business practices. Furthermore, interactive discussions with BusinessGreen editors provide clarity on essential narratives shaping the pathway towards net-zero.
Esin Serin from LSE’s Grantham Institute highlights the importance of prioritising clean investments in the Spring Statement and Spending Review for sustainable growth. The majority of funding for this transition will come from the private sector, which necessitates immediate and decisive action for a robust green economy. Membership with BusinessGreen offers valuable resources and insights for navigating the clean transition.
The call for prioritising clean investments in the Spring Statement and Spending Review is crucial for both the economy and sustainability. Shifting focus away from these investments risks stagnation in clean growth and undermines the government’s ambitions. By fostering private-sector involvement and enhancing access to crucial insights, a sustainable economic future can be shaped today.
Original Source: www.businessgreen.com
