1、The dividends of clean energy investmentPart of The Clean Growth Gap a series of reports and economic analysis from Energy UK,supported by Oxford EconomicsThe Path toProsperityThe Path to Prosperity:The dividends of clean energy investment2Executive Summary Ambitious action to achieve Net Zero will

2、bring large economic benefits.By unlocking investment,the Government can set the UK on a path that will see the economy expand significantly,creating hundreds of thousands of additional jobs,as well as meeting our climate goals.How we get there,and how quickly we take action will determine the outco

3、me.“Path to Prosperity”is the third report in Energy UKs“The Clean Growth Gap”series.It provides an overview of the size of the prize under different scenarios,following research showing that initiatives put in place by the UK Government to encourage investment in clean technologies pale in comparis

4、on to the more ambitious programmes in other countries.This means that the UK is set to have the slowest growth in low-carbon electricity production of the worlds eight largest economies over the next decade.Reaching Net Zero will grow the economyReaching Net Zero will generate significant economic

5、benefits in the long-term.A successful global transition to Net Zero could mean that UK gross domestic product(GDP)will be up to 6.4%higher in 2050 than in a scenario which follows the current policy trajectory(the Baseline Scenario).1 This equates to 240 billion in todays prices,which is greater th

6、an the current contribution to UK GDP made by the whole manufacturing sector.2The cost of inactionHowever,for these benefits to be realised,policymakers,businesses,and investors need to take actions now to reach Net Zero by 2050.The costs of inaction are high:under a scenario where governments delay