Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the his Department's policy paper entitled Net Zero Review Final Report, published on 19 October 2021, what recent progress his Department has made with HMRC on strengthen the analytical approach to monitoring, evaluating and quantifying the environmental impacts of tax measures.

As outlined in the Net Zero Review final report, HM Treasury is building its governance, capabilities and processes to support our transition to Net Zero.

HM Treasury is committed to ensuring fiscal decision making is aligned with achieving net zero. To support this, climate assessments are included in advice to Ministers at fiscal events.

HMT and HMRC consider climate change and environmental implications of relevant tax measures. Climate assessments are included in all relevant Tax Information and Impact Notes (TIINs). HMT and HMRC continue to work together to improve our approach to assessing the environmental impacts of tax measures.