Weak political, economic and climate leadership – Greenpeace response to Labour dropping £28bn green pledge

"This is a vision worth fighting for, not retreating from."

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Responding to news reports that the Labour party will officially drop its £28bn green investment plan later today, Greenpeace UK’s head of politics, Rebecca Newsom, said:

“Dropping the green investment pledge would be weak political, economic and climate leadership from Starmer before he’s even got his feet under the table.

“Under the current government, the British economy is in a poor state and climate action is drifting backwards. The British public, businesses and investors are crying out for a bold green industrial strategy that will create millions of jobs, increase our energy independence, grow our failing economy, ease pressure on the NHS, and help people with the cost of living and climate crises.

“Investing around £28bn extra per year in green technologies of the future will be needed from any future government willing to fix this broken country, insulate our homes, better our health, restore nature, improve public transport and slash emissions.

“Without this level of serious investment Starmer risks leaving the door wide open for the EU, US and China to overtake us in the global green tech race. This is a vision worth fighting for, not retreating from. Or voters will start wondering what the Labour party actually stands for.”

Contact: Greenpeace UK Press Office – press.uk@greenpeace.org or 020 7865 8255

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