Green Investment Fund Debate

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Green Investment Fund

Lord Bradshaw Excerpts
Wednesday 2nd September 2020

(4 years, 3 months ago)

Lords Chamber
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Baroness Penn Portrait Baroness Penn (Con)
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The Clean Growth Fund has £20 million of government investment, but that is matched pound for pound by CCLA, one of the UK’s largest charity fund managers. As I referred to in response to previous questions, that is not the limit of the Government’s investment in clean growth, which runs to billions of pounds.

Lord Bradshaw Portrait Lord Bradshaw (LD) [V]
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My Lords, are the Government fully committed to the undertakings that they made in the Paris Agreement in 2015? If so, when do they expect emissions to fall in line with that agreement?

Baroness Penn Portrait Baroness Penn (Con)
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The Government remain completely committed to the commitments they made in Paris. Emissions are falling and the Government set out in their carbon budgets their plan to meet their targets in each period that those carbon budgets cover.