EMEA > UK’s Labour party to rely largely on private finance to hit green targets -media

UK’s Labour party to rely largely on private finance to hit green targets -media

Published 14:28 on June 27, 2024  /  Last updated at 15:20 on June 27, 2024  / Paddy Gourlay /  EMEA, International

The UK will need “hundreds of billions” of pounds of largely private sector investment to reach its net zero target by 2050, a senior politician from the Labour party has said, downplaying the role of government funding in the energy transition, a week before the political party is likely to be elected into government.
The UK will need “hundreds of billions” of pounds of largely private sector investment to reach its net zero target by 2050, a senior politician from the Labour party has said, downplaying the role of government funding in the energy transition, a week before the political party is likely to be elected into government.


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