If the Treasury is serious about dealing with the challenges of growth and productivity and climate mitigation, then it must be willing to reassess its decision-making process, says new report.

During the week of its release, a new report led by Dimitri Zenghelis, Bennett Institute, was referenced in the House of Lords last week in a debate secured by Lord Lilley.
Baroness Hayman referred to the report, Is reaching net zero a growth and prosperity plan? in a debate about the costs of action and inaction regarding climate change.
The report, published by Cambridge Zero and LSE, argues the UK government should invest in green infrastructure now or watch productivity lag behind China, the United States and other countries already running away with the benefits. He says it’s not too late for the UK to lean into its innate scientific advantages and reap the benefits of investing in the infrastructure needed to be a leader in a global economic revolution that is already under way.
“This is in fact, the growth engine of the 21st century.”
Dimitri Zenghelis, Bennett Institute for Public Policy
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The views and opinions expressed in this post are those of the author(s) and not necessarily those of the Bennett Institute for Public Policy.