In November 2020 UK Prime Minister Boris Johnson outline a Ten Point Plan for a Green Industrial Revolution. One of the stated aims of the plan is to create 250,000 jobs in the UK. The plan sets out a number of commitments and targets in the following areas:
1. Offshore wind
2. Hydrogen
3. Nuclear
4. Electric Vehicles
5. Public Transport
6. Jet zero and greener maritime
7. Homes and public buildings
8. Carbon capture
9. Nature
10. Innovation and finance
Additional detail on the implementation of the plan is provided in subsequent strategy documents issued by the UK Government, including Buil Back Better: Our Plan for Growth, published by the UK Treasury in March 2021
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Main document
Ten Point Plan
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- The government to support a green recovery with £5Bn .Economy-wide · Target year: 2050
- By 2025, TCFD will be mandatory across the economy and a significant proportion will be mandatory from 2023.Finance · Target year: 2025
- By 2040, £222 M to be provided for visionary STEP programmes that aim to build world's first commercially viable fusion power plant in the UK.Finance · Target year: 2040
- By 2027, total R&D investment to increase to 2.4% of GDP.Finance · Target year: 2027
- Between 2022-2024, 10 long term Landscape Recover projects will be initiated.Environment · Target year: 2024
Timeline
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.