New research by experts from The University of Manchester has identified significant shortcomings in the UK’s green recovery in comparison with France and Germany, and has called for a clearer post-pandemic strategy from the Government.
The study was undertaken by researchers at The Productivity Institute, a UK-wide research organisation that is funded by the Economic and Social Research Council and based at The University of Manchester. It reviewed each country’s approach and the impact on productivity, competiveness and the environment.
Analysing data from recovery packages revealed in 2020, it found:
- Using budgets for green recovery to measure ambition, France and Germany provided far more funding, and strategically invested through integrated recovery plans. France committed EUR30.4 billion (1.25% of 2019 GDP); Germany EUR27.5 billion (0.80% of 2019 GDP); compared to UK investment of EUR17.3 billion (0.69% of 2019 GDP).
- All three countries dedicated the bulk of their green recovery funding to four sectors and technologies: hydrogen,…
