Green Book Wellbeing Guidance
2026-06-23
TAGS
Response quality
Questions & Answers
Q1
Direct Answer
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Context
The Treasury published Green Book supplementary guidance in 2021 to assess policy and project impacts on citizen wellbeing.
Whether she plans to update the Treasury Green Book supplementary guidance on wellbeing, given that it was last updated in 2021 and considering growing evidence for wellbeing economics in decision making.
The Government published an update to the Green Book in February, reaffirming the importance of considering wellbeing. The new Green Book supports fairer and more balanced decisions on investment across all parts of the country, including rural and coastal communities, ensuring better chances for securing government funding.
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Assessment & feedback
Response accuracy
Q2
Partial Answer
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Context
Wellbeing economics offers sophisticated means of supplementing conventional economics in decision-making, revealing that cheaper interventions often have a dramatic impact on wellbeing.
Thanks the Chancellor for her response. Asks if she would meet to discuss how wellbeing economics can enhance Treasury work, considering growing evidence and its better prediction of electoral outcomes compared to traditional economic measures.
Ensures that the relevant Minister will meet the hon. Friend and others to discuss further enhancements to the Green Book. Changed evaluation rules so projects outside London and the south-east can receive funding, focusing on balanced investment across all parts of the UK.
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Assessment & feedback
Meeting with the Chancellor specifically to discuss wellbeing economics
Will Ensure That The Relevant Minister Meets My Hon. Friend
Response accuracy