No alternative to green industrial strategy

Sustainable growth requires an industrial policy that prioritises outcomes like clean growth and healthy ageing, moving away from the traditional focus on sectors

With the COP28 climate summit now wrapped up, the spotlight remains firmly on the global financing gap. It is estimated that achieving the 2030 Sustainable Development Goals (SDGs) will require a staggering $5-7 trillion per year. But not only must we urgently secure the necessary capital; we also must ensure that long-term patient investments are strategically directed toward ambitious goals. That means coordinating inter-sectoral responses across different supply chains, which in turn requires a robust industrial strategy.

Countries around the world are doubling down on plans to revitalise their industrial sectors. It is critical that Britain does not lose ground to