Treasury written question – answered at on 25 January 2021.
To ask the Chancellor of the Exchequer, what fiscal steps he is taking to support the UK’s transition to a net-zero economy.
The Government is committed to ending the UK’s contribution to climate change by 2050. As a step towards this, the Prime Minister’s Ten Point Plan for a Green Industrial Revolution was announced alongside the 2020 Autumn Spending Review.
The Ten Point Plan will mobilise £12 billion of Government investment for the green industries of the future and accelerate the UK’s path to Net Zero. This Government investment will spur over three times as much private sector investment by 2030.
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