The CBI has urged the government and businesses to work together to win the global race to net zero in its ten-year strategy for the economy worth £700 billion.
The Seize the Moment report from the CBI, outlines the establishment of the UK as a leading net zero exporter. It highlights the potential to drive an increase in decarbonisation exports to the European Union, including:
The report details the creation of 240,000 net new jobs, including a levelling up of new new green jobs across the regions and nations.
The CBI has outlined six ways to transform the UK economy after the pandemic including:
Tony Danker, director-general of the CBI said:
“Our plan is to make the UK the most competitive, dynamic and future-focused economy in the world. Become a beacon to the world in achieving green growth. Decarbonising our economy is a planetary imperative, we can use our transition to net zero to create green jobs, to find sustainable solutions and sell them to the rest of the world.”
The report identifies actions needed by both businesses and government to realise the prizes and recommendations for boosting the UK Government’s growth plan, regulatory reform for investment and innovation, the development of globally leading clusters in our regions and nations, a transformation of skills delivery, the unlocking of finance for growth and a long term tax roadmap for the UK that supports business investment and the UK’s net zero ambitions.