Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the inclusion in the UK Government Green Financing Framework, November 2025, paragraph 2.12, of the new exclusion of "Facilities intended for the production of weapons grade nuclear material or for other primarily military uses" on levels of divestment in the Defence nuclear industry, including Trident renewal contracts and sub-contracts.

The Green Financing Framework, updated in 2025, explains how proceeds from green gilts and NS&I’s retail Green Savings Bonds will finance public expenditures that deliver a direct and positive environmental impact.

The Defence Nuclear Enterprise is critically important but does not primarily exist to support those objectives and so is not eligible to be financed under the Framework. This exclusion is in line with international norms for green bond frameworks.