Commons Sense

House of Commons · Ministers' Questions

Net Zero Emissions

Tuesday 7 January 2020 · 1 question

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 0 Not answered 0

Key points

  • The Government has committed 2.5 billion for low-carbon innovation.
  • The UK launched the Green Finance Institute in collaboration with the City of London.
  • The Government aims to meet its goal of achieving net zero emissions by 2050.

Topics (select to filter)

Questions & Answers

Q1 Nickie Aiken Con Cities of London and Westminster
Economy Climate
Context

The UK aims to meet its target of net zero emissions by 2050, requiring significant investment in clean technologies.

Question

What fiscal measures is the Government implementing to ensure they reach their goal of achieving net zero emissions by 2050? The Government has already committed £2.5 billion for low-carbon innovation and other funds are allocated towards ultra-low emission vehicles and renewable heat incentive programmes.

Answer from Simon Clarke (Financial Secretary to the Treasury)

The UK is already a global leader in green finance, but we need to do more. The Government published a Green Finance Strategy last July and launched the Green Finance Institute in collaboration with the City of London. My hon. Friend the Economic Secretary will meet her at the earliest opportunity to progress this.

Answered
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