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UK is significantly behind its G7 peers in green recovery funding – including hydrogen, says report

UK is significantly behind its G7 peers in green recovery funding – including hydrogen, says report

According to a report conducted by TUC, the UK is behind its G7 peers when it comes to green jobs and investment, meaning that it will miss out on building domestic competitive advantages in hydrogen and other green technology.

As outlined in the report, the Treasury has the opportunity to urgently address the current course of underfunding climate action.

On current trend the UK will fail to create quality green jobs needed and will continue to lose out on building domestic competitive advantage from tidal stream, hydrogen, electric vehicles and clean steel.

In addition to this, the existing UK green recovery investment could create 44,000 green jobs over the next decade.

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