UK Budget 2021: A Meaningful Step Towards Net Zero? | K&L Gates LLP
To embed, copy and paste the code into your website or blog: On 3 March 2021, Chancellor Rishi Sunak delivered the UK Budget 2021 (the Budget). Understandably, the Chancellor’s focus was on setting out the road map to the United Kingdom’s economic recovery from COVID-19. The Budget, however, was also an opportunity for the government to unveil spending plans to match its ambitious climate target: to reach net zero by 2050. Several promising green economy measures were announced, as discussed below. Green Finance Some of the most-welcome measures announced were those related to sustainab...