Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to update the UK Government Green Financing Framework, published in June 2021, to allow the proceeds of green gilts to be used for nuclear energy projects.

As set out in the British Energy Security Strategy, nuclear energy is a key part of the UK’s low-carbon energy mix alongside solar, wind and other energy sources. These technologies are important in tackling climate change and diversifying the UK’s supply, contributing to the UK’s energy security and sustainable growth.

The UK Government Green Financing Framework was set in June 2021, with its current exclusion of nuclear energy projects. Any changes to the Framework in the future to include nuclear energy would be transparently published by the Government.