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Building back a strong net zero UK economy

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What a clean, green recovery for the UK can deliver:

 

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Jobs for the future

  • A more resilient and sustainable jobs market
  • Better social inclusion.

2.2 million: by 2030, up to 2.2 million jobs will be associated with the low carbon economy in the UK, rising to up to 5 million by 2050.

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Decent quality of life

  • Improved air quality.
  • Healthier diets and lifestyles.
  • More security in the face of climate impacts.

£5.3 billion: by 2035, the cost to the UK economy in health and social care due to air pollution could rise to £5.3 billion without clear policies to reduce pollutants.

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A resilient economy

  • Speed up the roll-out of electric vehicles, bringing the end date for sales of new petrol and diesel cars and vans to 2030, and buses and heavy goods vehicles to 2035.
  • Increased resilience to shocks
  • Short-term returns and long-term cost savings.
  • Improved productivity and competitiveness

£600 billion: by 2030, the low carbon economy in the UK is predicted to be worth up to £600 billion, rising to up to £1,400 billion by 2050.

 

 

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How a clean, green recovery can be accelerated:

 

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Investment

Climate action requires significant infrastructure investment in power, transport, homes and buildings, as well as green infrastructure such as nature conservation and land management. These investments create jobs in the short term and support longer term growth.

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Innovation

The process of decarbonisation requires an accelerated process of innovation, securing positive change across the economy, and supporting long-term growth and competitiveness.

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Business Support

The economic impacts of the pandemic mean many businesses need support to maintain operations and minimise economic damage. Linking this support to good business practices and progress against wider goals including climate action helps mobilise the private sector and ensure the money is well spent.