What is the effect of the transition to Net Zero on productivity and growth – and how is this impact influenced by climate and wider policy levers?

Background

Sustainable economic growth is at the heart of everything HM Treasury is working to achieve. The Growth section includes key questions that are expected to support the government in taking action to fix the foundations of the economy, rebuild Britain and make every part of the country better off.

Next steps

Get in touch with HMTResearch@hmtreasury.gov.uk

Source

This question was published as part of the set of ARIs in this document:

HMT Areas of Research Interest October 2024

Topics

No topics assigned yet

Research fields

No research fields assigned yet

Related UKRI funded projects


  • Productive and Inclusive Net Zero (PRINZ) - Opportunities and barriers in the transition to sustainable and equitable growth

    This project explores the link between productivity and two important government priorities: phasing out greenhouse gas emissions (net zero) and improving economic prospects at the regional level (levelling up). Bringing...

    Funded by: SPF

    Why might this be relevant?

    The project explores the link between productivity and the transition to Net Zero, providing insights at national, regional, and sectoral levels.

  • NET ZERO PATHWAY RESEARCH THROUGH INTEGRATED ASSESSMENT MODEL ADVANCEMENTS

    The ambition to achieve the Paris Agreement goals has led to the realization that a rapid and full decarbonization of the economy is required, involving a structural transition of the current economy and society. With th...

    Funded by: Horizon Europe Guarantee

    Why might this be relevant?

    The project specifically focuses on the impact of the transition to Net Zero on productivity and growth, addressing key areas of improvement related to climate and wider policy levers.

  • PRISMA (Net Zero Pathway Research Through Integrated Assessment Model Advancements)

    The ambition to achieve the Paris Agreement goals has led to the realization that a rapid and full decarbonization of the economy is required, involving a structural transition of the current economy and society. With th...

    Funded by: Horizon Europe Guarantee

    Why might this be relevant?

    The project aligns with the question by aiming to enhance Integrated Assessment Models to support the transition to Net Zero and assess the impact on productivity and growth.

  • Driving Net Zero transformation of Mid South West region in Northern Ireland

    In June 2022 the NI Executive passed the Climate Change Act (Northern Ireland) 2022 setting targets for Northern Ireland to reduce its greenhouse gas (GHG) emissions, including a target for Net Zero emissions by 2050\. A...

    Funded by: Innovate UK

  • Delivering the next generation of open integrated assessment models for net zero sustainable development

    Recent literature has underlined the interplay among climate mitigation, adaptation, and finance, as well as between climate action and other development agendas, including sustainable resource use, human development and...

    Funded by: Horizon Europe Guarantee

  • GGR Directorate CO2RE Hub

    Observed, Strategic, sustained action is now needed to avoid further negative consequences of climate change and to build a greener, cleaner and fairer future. According to the Intergovernmental Panel on Climate Change t...

    Funded by: UKRI