Local Transport Infrastructure 2020-05-18
2020-05-18
TAGS
Response quality
Questions & Answers
Q1
Direct Answer
Gareth Davies
Con
▸
Context
UK's focus on economic recovery amid crisis and commitment to climate change.
I thank the Treasury team for their leadership throughout this crisis. As they look at ways to stimulate our economy, will they consider issuing a UK green gilt as a specific way to fund local transport infrastructure and to affirm this Government's commitment to climate change?
My hon. Friend raises an important point. Although at present we have no plans to do as he suggests, he will be well aware, from the green finance strategy, that the Government remain open to the introduction of new debt instruments, and I am happy to continue to discuss the issue with him.
▸
Assessment & feedback
Response accuracy