UK risks falling behind in the global race for green investment

21 Sep 2023 8:38 AM | Shivani Kaura (Administrator)

Simon Virley CB, Vice Chair and Head of Energy and Natural Resources for KPMG in the UK, said:

“Large-scale business investments in the industries of the future, like electric vehicles and low-carbon heating technologies, and their accompanying supply chains, are only possible if there are stable, long-term policies in place.

The constant uncertainty that comes with changes in target dates and commitments, simply makes it harder to attract the investment we need to boost the UK economy and reach our legally binding Net Zero goals. The risk now is that the UK will continue to fall behind in the global race for green investment, and our homegrown businesses will lose out.”

Read the full article on KPMG here.

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