Latest Issue

A green wealth fund could transform the UK’s climate ambitions

We should ring-fence the revenue from renewable power to invest in environmental technology for the future

By Ed Davey  

Photo: John Morrison / Alamy Stock Photo

Progress on renewable energy played a big part in the UN’s successful Paris Climate Treaty—a part rarely acknowledged. 

Of course, there are many parents to that huge global leap forward in 2015, but solar and wind power should take a bow—especially the dramatic cost reductions witnessed in the previous decade. Without that shift in the energy economics of climate action, I’m not sure Paris would have been agreed.

And as we look towards this year’s summit in Glasgow, we need to remember that if politics is the art of the possible, UN climate negotiations are, in practice,…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect