Financing low-carbon growth and innovation in the UK Industrial Strategy (Grantham Research Institute)

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This policy brief by the Grantham Research Institute outlines how the public sector can crowd in private finance to support low-carbon growth and innovation in the UK government’s Industrial Strategy. It argues that in the context of Brexit the government needs to safeguard the role the European Investment Bank and Green Investment Bank have played in providing direct financing and credit enhancement. In addition, the government should generally scale up investment and develop a green finance strategy to ensure the success of the low-carbon transition. The brief is available to download on the website of the Grantham Research Institute.