The UK became the first major global economy to commit to net zero in 2019, setting a legally binding target by 2050.
Since then, the tenor of the discussion surrounding the UK’s net zero aspirations has shifted, from a policy initially met with widespread political and public approval, to a subject of increasingly polarised debate. Much of this shift has been the result of geopolitical turbulence, which has prompted a reassessment of political priorities.
For investors, this has left many with the unsavoury prospect of grappling with a lack of policy certainty, on top of the existing challenges surrounding regulatory complexity and the evaluation of risk-return dynamics on net zero investments.
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