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The world will need to invest $4.5 trillion (£3.7 trillion) a year from the start of the next decade if it is to reach net zero by 2050, the International Energy Agency (IEA) has said.The Paris-based organisation said that record growth in clean energy technology, including solar panels and electric vehicles, means it is still possible to limit rises in global temperatures to 1.5C.However, it would require a huge ramping up of spending. World governments and organisations are expected to spend $1.8 trillion (£1.5 trillion) on the transition to cleaner...

Thanks for joining me. Three quarters of factory chiefs have said that incentives offered in the US, EU and other countries have made them questions whether investments in Britain are worth it.Joe Biden has poured billions into subsidies for green investments as part of his controversial Inflation Reduction Act, while the EU has pledged to spend €50bn a year on its green transition.5 things to start your day 1) City backs Labour as Mark Carney claims Truss turned Britain ‘into Argentina’ | Survey results show Keir Starmer’s efforts to woo business...