Context
The question arises from the need to assess the effectiveness of current UK Research and Innovation funding allocated towards decarbonisation technologies.
Question
What recent assessment has been made of the effectiveness of UK Research and Innovation funding for decarbon-isation technologies?
Answer from George Freeman
This country is leading the global charge on net zero with a historic uplift in R&D expenditure to £20 billion a year—£52 billion over the consolidated spending review period. UK Research and Innovation is investing £800 million annually on research and innovation in net zero, and £210 million through the industrial decarbon-isation fund. Scotland has been at the forefront with more than 1,400 projects funded and £1.3 billion received.
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