EU, Policy and Regulation, UK

IPCC report author urges governments to relax spending discipline amid climate backlash

Workers installing solar panels
François Gemenne has dismissed the UK opposition Labour party’s pledge to spend £28bn annually on green investment if it wins the next general election as too low (Photo: Scalatore1959/Envato)

Countries should spend as much as 10% of their GDP on climate action, the equivalent in the UK in 2021 of £312bn, argues Intergovernmental Panel on Climate Change lead author François Gemenne

Governments should relax their focus on public spending control in favour of ramping up green investment, ...

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