Carbon Emissions: Capital Investment

(asked on 6th January 2023) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to improve (a) procurement and (b) delivery of Net Zero project investment.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 16th January 2023

The Procurement Policy Note PPN06/21 requires suppliers bidding for major government contracts to commit to Net Zero by 2050 and publish a ‘Carbon Reduction Plan’. Over 120 procurements have applied the policy, with a total contract value of over £180billion.

The Government has committed £30billion of public green investment and is putting in place regulatory frameworks to spur green private investment, such as through the Energy Bill. These policies are expected to drive over £100billion of private investment and support 480,000 jobs by 2030.

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