UK net zero economy valued at over £100bn annually with 1 million+ jobs, CBI research finds
By
Fiona Harvey
An everything bagel for the brain. Substantive, layered, well-seasoned.
Summary
The UK's net zero economy is now worth over £100 billion annually and supports more than one million jobs, according to CBI Economics research commissioned by the Energy and Climate Intelligence Unit. Workers in the green economy earn average wages of £43,000 — about 11% higher than the national average. The report highlights nearly half a trillion pounds in investment pipeline and concludes that the green economy benefits all regions of the UK, countering critics who want to scrap net zero targets.
Key quotes
· 3 pulledThe net zero economy, which is worth more than £100bn a year, benefits all of the UK
Net zero workers also enjoy higher wages, topping £43,000 a year on average, about 11% higher than the national average of £39,000
More than a million jobs, higher wages, nearly half a trillion pounds in investment in the pipeline – the UK's green economy is powering ahead
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