Carbon Emissions: Finance

(asked on 14th June 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will introduce in the Autumn Statement a specific requirement in the Green Book for policies to align with the net zero objective.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 17th June 2021
The Green Book sets out guidance on how to appraise policies, programmes and projects, to help public servants give objective advice to decision makers. Achieving net zero is both a policy objective and a legal requirement and is already considered in the existing Green Book methodology. When setting out the strategic case for a policy, achieving net zero is regarded as an objective for any relevant proposals and as a legal constraint on all proposals. Also, as part of the economic case, the Green Book requires an assessment of environmental costs and benefits to objectively advise decision makers about these impacts.
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