UK trails behind European counterparts in green investment

A recent analysis by Greenpeace has highlighted the UK’s lagging position in green spending among the top five Western European economies. Comparing the UK to France, Germany, Spain, and Italy, the analysis revealed significant disparities in per capita green energy investment and overall spending on low-carbon initiatives.

According to the International Energy Agency (IEA) government energy spending tracker covering the period from April 2020 to April 2023, the UK government’s investment in green spending falls short compared to its counterparts. France, for instance, invests nearly double the amount per capita on green spending, standing at $952.40 per capita compared to the UK’s $494.43.