
Ben Zaranko explains Labour's latest announcement that it will no longer seek to spend £28 billion per year on green investment.
Yesterday Labour announced that it will no longer seek to spend £28 billion per year on green investment. Why has this happened? @BenZaranko explains in under 90 seconds ⬇ pic.twitter.com/LiHJQiioKe
— Institute for Fiscal Studies (@TheIFS) February 9, 2024
Authors

Associate Director
Ben joined the IFS in 2017 and works across a range of areas, including UK fiscal policy and the productivity of the health and social care system.
Explainer details
- DOI
- 10.1920/ex.ifs.2024.0020
- Publisher
- Institute for Fiscal Studies
Suggested citation
Zaranko, B. (2024). The changes to Labour's green investment plan explained [Explainer] Institute for Fiscal Studies. Available at: https://ifs.org.uk/articles/changes-labours-green-investment-plan-explained (accessed: 15 July 2025).
More from IFS
Understand this issue

Paul Johnson’s final episode: big challenges ahead for the UK economy
In Paul's final episode, he speaks with incoming IFS Director Helen Miller about the big economic pressures facing the UK.
9 July 2025

How to fix UK pensions?
Can the UK pensions system deliver a decent standard of living in retirement? We explore the challenges and changes needed.
4 July 2025

What's gone wrong in the Crown Courts?
Delays in serious court cases are at record highs. We ask why the Crown Court backlog is growing—and if more money alone can solve it.
19 June 2025
Policy analysis

Rachel Reeves will need to face up to fantasists on both sides
The chancellor has to somehow reconcile tax and spending, but both her own Labour MPs and the Tory opposition are still living in a dream world
7 July 2025

The Pensions Review: final recommendations
We provide concrete recommendations to improve the UK pension system to secure better standards of living for future pensioners.
2 July 2025

The tax system is making net zero more costly than it has to be
The tax system pushes businesses and households away from electricity towards gas, making net zero more costly to achieve.
25 June 2025
Academic research

Future challenges for health and social care provision in the UK
We consider recent trends in health and social care productivity and the scope for future improvements.
6 June 2025

The future of public pension provision in the UK: challenges and trade-offs
The UK state pension system faces significant challenges given the country’s ageing population, but it is crucial for retirement finances.
6 June 2025

Landfill tax and recycling
This paper provides new empirical evidence on the role of landfill taxes in reducing landfill waste and promoting recycling.
6 May 2025