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, which policies were identified for receipt of core net zero spend funding from the £1 billion allocated to fund decarbonisation of cars and vans in the financial year 2024-25 at the time that Budget was published; how much funding each of those policies was due to receive; and whether any of those policies have been discontinued since 2021.


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

The £1 billion allocated to fund the decarbonisation of cars and vans for the financial year 2024-25 in the 2021 Spending Review was allocated to a range of policies across the Department for Transport and the Department for Business, Energy and Industrial Strategy (now the Department for Business and Trade).

For the Department for Transport, HM Treasury allocated £619m for policies relating to zero emission vehicles, electric vehicle (EV) charging infrastructure and air quality.

This sum was subsequently allocated by the Department to specific policies, including the Local Electric Vehicle Infrastructure Fund, the Rapid Charging Fund, the Plug-in Vehicle Grants, EV Homecharging Schemes, the Workplace Charging Scheme and the Joint Air Quality Unit’s NO2 programme. All grants are kept under continual review to ensure best value for money for the taxpayer.

The remaining funding (£333m) was allocated for the Department for Business, Energy and Industry Strategy, for the electrification of UK vehicles and their supply chain, including through the Automotive Transformation Fund Programme. This aims to support the creation of an internationally competitive EV supply chain in the UK, through research and development and capital investments.

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