UK says billions already raised for ‘green revolution’ ahead of investment summit

Britain’s plan for a “green industrial revolution” has already attracted billions of pounds of investment, the government said on Thursday ahead of an investment summit in London which will bring together some of the world’s most powerful financiers.

Government data showed that investment worth 5.85 billion pounds ($8.01 billion) had been delivered or committed since November 2020, when Prime Minister Boris Johnson launched a 10-point plan to prioritise green technology and climate goals in Britain’s economic recovery from the COVID-19 pandemic.

The plan targets 42 billion pounds of private investment by 2030 in energy, buildings, transport, innovation and the natural environment, alongside the creation of 250,000 “green jobs”.