OBR: Climate change could inflict 'sudden shocks' and 'slower-building pressures' on public purse

Madeleine Cuff
clock • 4 min read

If global efforts to curb climate change fail the risks posed by migration, extreme weather and conflict will be 'severe' for UK economy, Office for Budget Responsibility warns

Climate change has shot up the agenda as a major risk to the UK's finances, and without action could inflict "sudden shocks and slower-building pressures" on the public purse, the Office for Budget Responsibility...

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Madeleine Cuff
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