Article 55ESR Treasury's 'green recovery' not enough, say campaigners

Treasury's 'green recovery' not enough, say campaigners

by
Fiona Harvey Environment correspondent
from Economics | The Guardian on (#55ESR)

Proposed 3bn environmental funding for UK contrasts with Germany's 36bn investment

Environmental groups have reacted with disappointment to details of the government's Covid-19 economic rescue package released by the Treasury.

On Monday night the government announced some details of the announcement expected on Wednesday, including a 1bn energy efficiency upgrade for public buildings and insulation for some social tenants, who could save up to 200 a year on their energy bills as a result. A Green Jobs Challenge fund will provide 40m for green charities working on improving England's landscapes, with the money to be spent on projects such as tree-planting and cleaning up rivers. A further 50m will go to innovative approaches to reducing greenhouse gas emissions from social housing.

Related: Invest in the green economy and we'll recover from the Covid-19 crisis | Joseph Stiglitz

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