The green economy in the UK has proven resilient to recession and will continue to outperform the general economy, according to Green Alliance, the environmental think tank. Its recent report – ‘Green economy: a UK success story’ highlights how the low carbon infrastructure is of key economic importance to the UK and attracts far more private sector money, while high carbon remains reliant on the public sector for its investments.
‘Green economy: a UK success story’ analyses the information behind the UK’s green economy, using government data, working with individuals from departments to verify findings as well as the data of businesses such as Bloomberg.
Some other findings include:
* The general economy will only return to 2007 levels by 2014 at the earliest, but the green economy will grow by 40% in that same period.
* There are now more low carbon and environmental jobs (788,700) in the UK than in motor trades (440,200), and telecommunications (184,500)
* That a third of all the new energy deals in the world receive both their legal and financial advice from the UK.