The UK could avoid 40 to 130 billion pounds in climate damage by 2050, while a shift to domestic clean energy would improve economic security and reduce exposure to volatile global fossil fuel markets.

Credits: PA; Author: PA;

Building on these findings, the report notes that net zero investment could return 2–4 pounds for every 1 pound spent. Furthermore, the Climate Change Committee warns that delays in action would increase long-term costs and risks. Health benefits from cleaner air could also save 2–8 billion annually, the Climate Change Committee says.