Companies: Cornavirus

Treasury written question – answered on 7th September 2020.

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Photo of Caroline Lucas Caroline Lucas Green, Brighton, Pavilion

To ask the Chancellor of the Exchequer, if he will publish (a) the conditions relating to climate and greenhouse gas emissions attached to Project Birch funding, (b) the process and evidence base that were used when setting the terms of those conditions, (c) the procedures in place to monitor recipient companies' compliance with those conditions, and (d) the penalties attached to non-compliance with those conditions.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

Alongside the focus on supporting the economy at this time, the Government continues to take its environmental responsibilities very seriously.

Companies receiving support as a Last Resort Business Intervention will also need to agree to appropriate conditions, including those on climate.

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