Carbon Emissions: Finance

(asked on 1st September 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps her Department is taking to monitor the effectiveness of grant schemes on net zero outcomes.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 11th September 2023

It is not possible to provide a figure for the total amount of net zero grant funding available to local authorities because this depends on the decisions local authorities make themselves about how they use the funding available to them. Through their core settlement, grant funding schemes, and UK growth funding, Government provides a wide range of funding to support local authorities to tackle net zero goals.

The Government has established the UK Infrastructure Bank with an initial £12 billion of capital. One of the bank’s core objectives is to support regional and local economic growth. This includes a lending facility of £4 billion for local authorities at preferential rates.

Individual Government grant funding schemes each have their own monitoring and evaluation processes.

Reticulating Splines