In 2024, the UK’s R&D budget for planet and infrastructure is forecasted to stabilize at 0.13% of GDP, maintaining the level from 2023 and continuing through 2026. A slight increase to 0.14% is anticipated in 2027 and is expected to remain constant in 2028. This marks a negligible year-on-year increase across the forecasted period reflecting minimal investment growth.

Future trends to watch include:

Potential policy changes influenced by global climate agreements or domestic priorities could impact funding levels.
Technological advancements in sustainable infrastructure may necessitate greater R&D investment.
The economic climate and GDP growth will continue to shape budgetary allocations relative to GDP.