From missed chances to green advances: the case for a green industrial strategy

Think tank: IPPR

Author(s): Various authors

October 5, 2023

This report from UK think tank IPPR looks at the case for a green industrial strategy.

The transition to net zero is the economic opportunity of the 21st century. But claims of UK leadership in capturing the economic benefits of the transition to a green economy are wide of the mark. While the UK has made considerable progress in reducing emissions, it has failed to ally these environmental gains with comparable economic ones. It doesn’t have to be this way. The transition to net zero remains a huge economic opportunity for the UK, but we need the investment and clear, long-term, robust industrial strategy to realise it. Upcoming research from IPPR will explore the UK’s comparative advantage in the green economy, the shape of a UK green industrial strategy.