'Net zero is a no regret policy': How climate action could boost UK GDP by 9.1 per cent

Michael Holder
clock • 6 min read
Climate change is already costing UK 1.1 per cent of its GDP each year | Credit: iStock
Image:

Climate change is already costing UK 1.1 per cent of its GDP each year | Credit: iStock

UK and US researchers have run the numbers on the huge costs of runaway climate change – and the myriad benefits of achieving net zero emissions

How much could climate change impacts cost the UK economy, and how much will it cost the UK to decarbonise and avoid the worst of these impacts? Aside from the clear moral imperative underpinning climate...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

'Not just a climate phenomenon': El Niño-linked extreme weather could cost $35tr by 2100

'Not just a climate phenomenon': El Niño-linked extreme weather could cost $35tr by 2100

Recurring El Niño events 'quietly chip away' at health gains, causing trillions of dollars in economic losses, new study warns

Stuart Stone
clock 12 January 2026 • 5 min read
Justin Forsyth: 'Culture could be the secret weapon of change, but will need to step up a gear'

Justin Forsyth: 'Culture could be the secret weapon of change, but will need to step up a gear'

Earth FC's Justin Forsyth reflects on applying his skills from the humanitarian sector to organise football matches that can engage millions of fans with environmental action

Stuart Stone
clock 06 January 2026 • 7 min read
Double record-breaker: 2025 declared UK's hottest and sunniest year on record

Double record-breaker: 2025 declared UK's hottest and sunniest year on record

Mean temperature of 10.09C sees 2025 join 2022 and 2023 in the three hottest years since 1884, provisional Met Office data confirms

Stuart Stone
clock 02 January 2026 • 4 min read