UK’s green plan slammed for lack of funding

Johnson, Boris from PA 17Nov20 corrected version 575x375
By Jon Hay
17 Nov 2020

Boris Johnson, UK prime minister, announced on Tuesday night a 10 point plan for the environment, including phasing out petrol cars by 2030. But policy specialists are disappointed that the plan lacks financing commitments and especially that there is no announcement of a national investment bank.

“Announcing a policy without an implementation plan doesn’t get you a green recovery,” said Nick Mabey, CEO of E3G, the climate change think tank, in London. “We’d hoped to see targets backed up with significant financing plans over two to three years at least, and to be facilitated ...

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