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Spending Review 2020: Business support key to Green Revolution

25 November 2020

Read our commentary on the Spending Review announcement on the Governments green revolution. 

Darren Walsh, Energy Partner at DWF, comments on the Chancellor's Spending Review announcements on the Governments green revolution.

"Whether we accept that the Chancellor's Spending Review and the Prime Minister's 10 Point Plan for Net zero Carbon provides a £12 billion shot in the arm for our green revolution (or £4 billion as some commentators believe), what is clear from today's Spending Review is that Government is striving to achieve its Paris Agreement commitments by 2050 or sooner.  The reality is that this will not be achievable without significant private sector investment and winning the hearts and minds of the UK population. The Spending Review supports the Prime Minister's 10 Point Plan, which provides a framework for how this might be achieved, but there remains a significant amount of work to do to implement this plan so as to meaningfully achieve its ambitions."

Read our other pieces of commentary:

Employment perspective >

Infrastructure Revolution >

Business Insolvencies >

Further Reading