Net Zero Strategy: Build Back Greener

Summary

The UK's Net Zero Strategy outlines a comprehensive plan to achieve net zero emissions by 2050, building on a 44% reduction since 1990. The strategy involves over £26 billion in government capital investment, aiming to create 440,000 green jobs by 2030 and leverage up to £90 billion in private investment. Key targets include fully decarbonising the power system by 2035 with 40GW of offshore wind capacity by 2030, achieving 5GW of low carbon hydrogen production by 2030, phasing out new gas boilers by 2035, and installing 600,000 heat pumps annually by 2028. Additionally, the sale of new petrol and diesel cars will end by 2030, and the UK will double its International Climate Finance to £11.6 billion between 2021-2025 to support global climate action.

Key Facts

Source Document

https://example-government.gov/policy-document-link