Industrial Strategy: Local Growth

Lord Goddard of Stockport Excerpts

Monday 26th April 2021 Lords Chamber

[Lord Callanan (Con)]

I know that the noble Lord has been a long-term champion of the creative industries, and I agree with him. We recognise the importance of the creative sectors. In Build Back Better: Our Plan for Growth, creative industries are highlighted as one of the sectors that we expect to shape the UK’s economic future. Upgrading and creating new cultural and creative spaces represents a core element of the £4.8 billion levelling-up fund.

[Lord Goddard of Stockport (LD)]

The Industrial Strategy Council’s annual report points out that the Government’s plans

“are not yet a practical roadmap for delivering Net Zero, with several areas at present lacking the required scale to make progress at the required speed”.

Housing retrofit is one such area. Will the Government accept the recommendation of the House of Commons Environmental Audit Committee’s recent report on energy efficiency to open up the proposed £3.8 billion social housing upgrades? It is estimated that green home upgrades could support 77,000 jobs across the north alone. That is levelling up.

[Lord Callanan (Con)]

The noble Lord makes a good point. The £62 million social housing decarbonisation fund demonstrator is currently delivering 19 projects across England and Scotland. In the autumn 2020 spending review we committed a further £60 million towards funding the main elements of the social housing decarbonisation fund to ensure some early progress and, of course, we are still committed to the manifesto commitment of £3.8 billion for the funding total.