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The Guardian - UK
The Guardian - UK
Environment
Fiona Harvey Environment editor

UK investment in clean energy transition falls 10%, bucking global trend

United Kingdom European Union United States Wera Hobhouse Ukraine
The government has refused to mandate solar panels on the roofs of new buildings.
The government has refused to mandate solar panels on the roofs of new buildings. Photograph: Christopher Furlong/Getty Images

Investment in clean energy and the low-carbon economy fell sharply in the UK last year, even as rival nations were increasing their firepower in the global green race, data shows.

The UK’s investment in the energy transition fell by 10%, from $31bn to $28bn, from 2021 to 2022, while similar investment in the US rose by about 24% to $141bn, and in Germany by 17% to $55bn.

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