CBI: UK's 'net zero economy' grew to £74bn in 2023

Michael Holder
clock • 7 min read
Credit: iStock
Image:

Credit: iStock

Business group argues burgeoning green economy is critical to future UK growth prospects, after far outperforming wider UK economy that has stagnated in recent years

The UK's emerging 'net zero economy' grew nine per cent last year and is now worth an estimated £74bn, according to a new analysis which argues green industries are now critical to the country's economic...

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 Policy

'Moving into the mainstream': Record number of heat pump grants issued in August

'Moving into the mainstream': Record number of heat pump grants issued in August

Last month saw highest ever number of discount vouchers issued in a single month since the Boiler Upgrade Scheme began in 2022

Michael Holder
clock 24 September 2026 • 4 min read
'Only the starting line': Germany commits to fossil fuel phase-out by 2045

'Only the starting line': Germany commits to fossil fuel phase-out by 2045

Europe's largest economy targets complete departure from oil, gas, and coal in new fossil fuel transition roadmap

Stuart Stone
clock 24 September 2026 • 5 min read
'Insufficient budget': Latest Sustainable Farming Incentive round closes within hours as funding snapped up

'Insufficient budget': Latest Sustainable Farming Incentive round closes within hours as funding snapped up

Popular farming subsidy scheme sees full £233m budget allocated within hours of it opening for applications

Alex Black, Farmers Guardian
clock 23 September 2026 • 2 min read