'Concerning': NAO questions oversight of £4.2bn net zero innovation spending

Stuart Stone
clock • 3 min read
'Concerning': NAO questions oversight of £4.2bn net zero innovation spending

National Audit Office claims plan to mobilise investment in net zero innovation lacks sufficiently defined outcomes and clear stewardship

The UK's independent public spending watchdog has called on the Department for Energy Security and Net Zero (DESNZ) to clarify who is accountable for the delivery of £4.2bn of innovation spending earmarked...

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

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'

EPCs for flooding: New performance certificates promise to assess property flood risk

More on Investment

'Investors are not abandoning sustainability': Three quarters of retail investors expect sustainability to inform decisions
Investment

'Investors are not abandoning sustainability': Three quarters of retail investors expect sustainability to inform decisions

Major new report from Aberdeen Investments insists 'sustainable investing is evolving, not retreating'

James Murray
James Murray
clock 13 October 2026 • 4 min read
Generation gap in ESG investing widens as performance worries increase
Investment

Generation gap in ESG investing widens as performance worries increase

Association of Investment Companies survey reveals growing hostility to ESG investing, especially among older investors, which is being fuelled by concerns over returns and confusion over what the term means

Michael Nelson, Investment Week
clock 13 October 2026 • 2 min read
SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'
Investment

SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'

Jonathan Maxwell explains why permission, not capital, is the 'constraint that bites', and why the industries making the fastest progress are the ones with the biggest energy bills

Stuart Stone
Stuart Stone
clock 13 October 2026 • 9 min read