More than £5.8 billion of foreign investment in green projects has been secured since the launch of the Prime Minister’s Ten Point Plan, along with at least 56,000 jobs in the UK’s clean industries, the government has set out today (Friday 15th October).
This major green investment boost, revealed in new data released by the Department for International Trade, helps to drive forward the Prime Minister’s ambitions to make the UK a global leader in green technology and finance. It includes more than £650 million in advancing offshore wind this year alone, supporting almost 3,600 jobs across the Humber and North-East and over £900 million in accelerating the shift to zero-emissions vehicles.
International Trade Secretary Anne-Marie Trevelyan said:
“The UK is already one of the most attractive investment destinations in the world and the Global Investment Summit will build our reputation further as we bring the world’s top business names to our shores. Inward investment helps level up the UK by making companies more profitable, which means they can invest back into local economies and create stronger supply chains, meaning more sustainable communities for the future. Investment in new technologies and green innovation will also be vital as we make progress to net zero emissions, and delivering the Prime Minister’s Ten Point Plan.”