Economic Situation: Coronavirus

Treasury written question – answered on 29th April 2020.

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Photo of Caroline Lucas Caroline Lucas Green, Brighton, Pavilion

To ask the Chancellor of the Exchequer, what steps he is taking to ensure that the economic response to the covid-19 outbreak aligns with the (a) delivery of UK carbon budgets (b) UK's commitment to the 1.5 degree goal of the Paris climate agreement and (c) Government’s national and global ambitions on biodiversity and habitats; and if he will make a statement.

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary, Minister for Equalities

The Government continues to take its environmental responsibilities very seriously and is committed to meeting its climate change and wider environmental targets.

The Budget reinforced the UK’s strong track record in this area. Announcements included £640m for tree planting and peatland restoration, over £1bn of further support for ultra-low emission vehicles, at least doubling funding for energy innovation, and tax measures to reduce plastic waste, among other measures.

We recognise the importance of a strong economy to support the transition to net zero and continue the UK's leadership in clean growth.

That is why the Government has announced unprecedented support for public services, workers and businesses to protect against the current economic emergency, including £330bn of guaranteed loans for supporting businesses to access finance, equivalent to 15% of GDP.

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Yes1 person thinks so

No4 people think not

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