Study shows UK investors embracing green technology

UK investors

Research from JPIN has revealed that almost half UK investors aim to invest in green and sustainable companies in the next 12 months

A new study commissioned by the global startup investment bank JPIN shows that UK investors are embracing green initiatives, with 43 per cent only interested in sustainable technology and programmes.

The news follows on from the recent announcement by the UK government that it is accelerating its energy strategy towards a more sustainable future.

Data shows that more than $4mn in support packages for green tech is on the horizon, while landmark research from leading global investment bank, JPIN, has revealed that almost half UK investors aim to invest in green and sustainable companies in the next 12 months.

Recent figures show that almost 50 per cent of the UK’s electricity is generated by burning fossil fuels in gas-fired power plants, despite the multiple global warnings of climate endangerment.

However, this looks set to change as the UK plans to lower its dependency on external energy providers by producing more homegrown clean power. The predictions from the energy security strategy suggest that 95 per cent of the UK’s electricity could be low carbon by 2030, and that almost half a million jobs could be created in this industry in the next seven years.

According to reports, private backers are also eyeing lucrative opportunities in this area. JPIN’s research found that 43 per cent of those looking for investment options in the UK are also interested in green technology – making it the most in-demand industry for investors at this moment in time. Green technology is also the most popular choice (45 per cent) for investors targeting emerging markets such as India and Brazil. This suggests that much of the new innovations in the sector could come from emerging markets.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Scommerce. The information provided on Scommerce is intended for informational purposes only. Scommerce is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

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