UK Targets Green Trade to Help ‘De-Putinise’ Global Economy
- UK trade secretary speaks at Bloomberg event on green trade
- Pledge includes almost £200 million in loan guarantees
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Green trade can help the world end its reliance on Russian fossil fuels, UK Trade Secretary Anne-Marie Trevelyan will say on Wednesday in a speech outlining Britain’s efforts to use commerce to further its push to eliminate carbon emissions.
At a speech in Bloomberg’s London headquarters, Trevelyan will say that trade in green technologies including renewable energy are crucial to boosting the British economy as well as driving down demand for oil and gas from Russia in the wake of its invasion of Ukraine.