National Savings Bonds: Environment Protection

Treasury written question – answered on 24th June 2021.

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Photo of Matthew Offord Matthew Offord Conservative, Hendon

To ask the Chancellor of the Exchequer, what the timetable is for the proposed green savings bond announced in the Budget of 3 March 2021 to be released for sale to the public.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

Since the Chancellor’s announcement at Spring Budget 2021 that a Green Savings Bond will be offered through NS&I, work has continued at pace on the development of this product. The Green Savings Bond will be linked to the UK’s sovereign Green Bond framework, due to be published later this month, and will give UK savers the opportunity to take part in the collective effort to tackle climate change. Further details on the Green Savings Bond will be published in due course, prior to the product going on sale later this year.

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