Could a new, lower 'green interest rate' accelerate the UK's path to net zero?

clock • 4 min read
Credit: iStock
Image:

Credit: iStock

New Economic Foundation calls for lower interest rates for green investments in order to save households and businesses billions of pounds a year while supporting the net zero transition

The Bank of England should introduce a new, lower "green interest rate" for net zero investments to help the UK meet its net zero targets, which could save businesses and households as much as £6.2bn on...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Alok Sharma selected to chair UK's Transition Finance Council

Alok Sharma selected to chair UK's Transition Finance Council

Former Business Secretary and COP26 President tasked by UK government and City of London Corporation to lead efforts to position the UK as the top global destination for net zero finance

Michael Holder
clock 24 January 2025 • 3 min read
Greater Manchester gets green light for £86m clean air scheme

Greater Manchester gets green light for £86m clean air scheme

Plans for clean air zone dropped, as government approves proposals for new clean buses and green transport measures

clock 24 January 2025 • 4 min read
LRQA snaps up carbon management platform RESET Carbon

LRQA snaps up carbon management platform RESET Carbon

Global assurance firm said deal would help it meet growing demand across its portfolio for improved carbon management solutions

clock 23 January 2025 • 2 min read