The UK's 'net zero economy' grew by 9% in 2023, contributing £74 billion and supporting 765,700 jobs.

Net zero activity is notably beneficial to areas with high deprivation and is significant to the Scottish economy, contributing 5.7% to its GDP.

Policy inconsistencies have undermined investor confidence in the UK's green sector.

The ECIU report calls for political stability and investment to further develop the net zero economy.

Legal commitments to net zero by 2050 require major sectoral changes, offering economic opportunities alongside challenges.

The UK government supports the net zero strategy, aiming to boost industry and achieve climate goals.

Comparatively, the UK lags behind in low carbon heating and solar panel home installations.

The IMF recognizes economic benefits of a low carbon transition, advising that they will surpass the associated costs.

Public investment is crucial to compensate for historical underfunding in sustainable initiatives.