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<p>Tree planting will play an important role in meeting net zero greenhouse gas emissions.
By early next year we will consult on a Tree Strategy for England which will consider
tree planting rates in the context of net zero.</p><p> </p><p>The Committee on Climate
Change (CCC) estimate the cost of net zero to be 1-2% of GDP in 2050, and the Government’s
initial high-level analysis falls within the same range. These figures do not include
the significant benefits from decarbonising the economy, including opportunities from
clean growth, which could offset a proportion, or potentially all of these costs.</p><p>
</p><p>HMT has accepted the CCC’s recommendation for HMT to conduct a review into
the costs of decarbonisation, the world’s first comprehensive review by a finance
ministry into the costs of transitioning to a net zero economy.</p><p> </p>
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