Unlock the full potential of the net zero economy with ‘Mapping the net zero economy’, the most comprehensive study of the UK’s net zero ecosystem. Commissioned by the Energy and Climate Intelligence Unit (ECIU) and published in partnership with CBI Economics and The Data City, this report is your key to understanding the opportunities and impacts of net zero at a national, regional and local level.
This new study highlights a sector of almost 20,000 businesses, across 16 key verticals, contributing £71 billion in Gross Value Added (GVA) to the UK economy in a year and supporting over 840,000 net zero jobs across the country.
Mapping the net zero economy shows that:
- There are almost 20,000 businesses currently within the net zero economy which are contributing £71 billion (3.7%) in Gross Value Added (GVA) to the UK economy
- The total gross value added by businesses involved in the net zero economy is more than twice that of the energy sector itself
- 840,000 (3.2%) jobs are supported by businesses in the net zero economy, with an average wage of £42,600 compared to the £33,400 national average
- The net zero economy is also highly productive, generating £112,300 in GVA per employee, 1.7 times higher than the national average of £64,400.
The full report includes key insights for the net zero ecosystem, including:
- Overview of UK’s net zero economy
- Taxonomy and definition of net zero
- Impact on the UK economy
- Net zero in regional economies
- Net zero economy hot spots