UK’s green Budget ‘underwhelming’ as gaps, contradictions appear

car exhaust carbon emissions pollution Alamy 3Mar21
By Jon Hay
03 Mar 2021

The UK’s Budget on Wednesday is likely to go down as the greenest ever, but it still left sustainable finance advocates disappointed, as Rishi Sunak, the chancellor of the exchequer, failed to give clarity on vital programmes and spending, at the beginning of a decade in which the country will have to make vital investments towards achieving its ambition of net zero greenhouse gas emissions by 2050.

“There are some good measures in there, but in this Budget we had hoped the chancellor would set out a really strong framework for recovery and for making the recovery green, and we didn’t see the clarity on it we would have hoped for,” said Kate Levick, associate ...

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