UK government investment reports and announcements

Keir Starmer Announces 81% Emissions Cut by 2035 at COP29 in Baku

Nov 12, 2024, 11:28 AM

Prime Minister Keir Starmer has announced a new, ambitious climate target for the UK at the COP29 summit in Baku, Azerbaijan. The UK aims to reduce greenhouse gas emissions by 81% from 1990 levels by 2035, which translates to a 60% reduction from current levels. Starmer emphasized that this goal positions the UK as a global leader in the fight against climate change and presents significant opportunities for green energy investment and job creation. He also assured that the government will not impose lifestyle changes on the public to achieve these targets. Additionally, Starmer announced a £1 billion order for offshore wind blades and up to £200 million to support offshore wind companies in traditional oil and gas areas. The new target aligns with the recommendation of the Climate Change Committee.