Two years ago at Cop26 in Glasgow, the then-Chancellor Rishi Sunak posed for cameras holding a green version of the typically red budget box. The stunt symbolised a green economic future for Britain, as Sunak vowed to make the UK the world’s first “net zero-aligned financial centre”.
But in the months leading up to Cop28 in Dubai, which ended earlier this month, Sunak has all but ditched his proverbial green budget box, shifting away from presenting net zero as an economic opportunity to painting it as an economic burden.
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