UK MPs call for extra £30bn to aid green recovery from Covid-19
by Jonathan Watts Global environment editor from on (#53Z6N)
Cross-party group calls for faster, further, fairer' action to tackle climate and nature crisis
The UK needs to invest an additional 30bn a year in shovel-ready green projects to create jobs, energise the post-lockdown economy and put the country back on track to achieve its climate targets, a new cross-party commission recommends.
In the most detailed blueprint to date for a green recovery from Covid-19, it also advises the government to make an initial down payment of 5bn into a national just transition fund" that would support the regions likely to be worst affected by the shift away from fossil fuels.
Continue reading...