Carbon Emissions: Finance

(asked on 5th March 2024) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, with reference to page 73 of the Autumn Budget and Spending Review 2021, which policy areas will receive funding from the £1.8 billion allocated to core net zero spend relating to the Department for Transport for the 2024-25 financial year; and how much funding as been issued to each of those policy areas for the 2024-25 financial year.


Answered by
Anthony Browne Portrait
Anthony Browne
This question was answered on 11th March 2024

The £1.8 billion allocated to the Department for Transport for the financial year 2024-25 in the 2021 Spending Review supports net zero policies across zero emission vehicles (including buses) and electric vehicle charging infrastructure, the bus transformation funding to support local authority Bus Service Improvement Plans, air quality improvement measures, active travel policies, City Region Sustainable Transport Settlements, Nexus Metrofleet in Newcastle, rail electrification, and the UK’s production of sustainable aviation fuel.

£333 million of the £1.8 billion was reallocated to the Department for Business, Energy and Industrial Strategy, (now the Department for Business and Trade), for the electrification of UK vehicle manufacturing and their supply chains, including through the Automotive Transformation Fund Programme.

The Department’s business planning process for 2024-25 financial year remains ongoing and final plans will be published in due course as per standard practice.

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