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Business Update
18 November 2020
Type
Written Ministerial Statement
Department
Department for Business, Energy and Industrial Strategy
At a Glance
Issue Summary
The statement outlines the Prime Minister's Ten Point Plan for driving a Green Industrial Revolution in the UK, focusing on job creation and economic growth through green initiatives.
Action Requested
The minister announces an ambitious programme of investment and policy changes aimed at creating up to 250,000 jobs and attracting private sector investment. This plan covers various sectors including clean energy, transport, nature, and innovative technologies, with a total government investment of £12 billion.
Key Facts
- The Ten Point Plan aims to drive a Green Industrial Revolution in the UK.
- It will mobilise up to £12 billion of government investment.
- The plan is expected to create and support up to 250,000 highly-skilled green jobs by 2030.
- Three times as much private sector investment is projected to be unlocked by the end of 2030.
- The initiative covers clean energy, buildings, transport, nature, and innovative technologies.
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Assessment & feedback
Summary accuracy