November 18th, 2016
by Alex Forrest
The UK public sector procures a huge amount of goods, services and capital items. HM Treasury’s latest estimate of gross current procurement was £213 billion, whilst gross capital procurement was £55 billion. Eunomia recently highlighted the potentially enormous gains to be made if this substantial sum – 15% of GDP – could be deployed to purchase products and services (including construction, furniture, ICT and vehicles) with good environmental credentials: it could provide a major toe-hold in the market for greener options, and call forward innovation when used tactically. Are there real signs of this happening in the UK?