However, Rain Newton-Smith, the chief executive of the CBI, will argue at a conference in London today that the next administration cannot claim to be pro-growth without also being pro-green.
She will draw attention to the “deafening silence from all the parties about the issues of climate change, biodiversity loss, net zero and our planet” with just three days left before the general election.
However, she will add that there is a risk in attempting to “separate the economy from net zero” and that “whoever forms the next government can’t be pro-growth and deliver for our people, planet, and communities, without being pro-green.”
A clear green plan is required to draw in private investment, as evidenced by the 9% growth in the UK’s net-zero economy in February, which vastly outpaced the 0.1% rise in the overall GDP over the previous year.
According to the analysis, by 2030, green growth might contribute up to £57 billion to the economy under the next government.
Green issues dominated the discussion during the most recent UK general election in 2019, following stories about Greta Thunberg’s school strikes, Extinction Rebellion (XR) protests, and a ban on fracking.
