UK Shared Prosperity Fund: Water Power

(asked on 19th July 2021) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, if he will take steps to ensure that the research and development of marine energy technologies, which has been dependent on funding under the Interreg scheme, is not disadvantaged under the transition to a UK Shared Prosperity Fund; and if he will make a statement.


Answered by
Luke Hall Portrait
Luke Hall
Minister of State (Education)
This question was answered on 22nd July 2021

The UK Shared Prosperity Fund will help to level up and create opportunity across the UK in places most in need, such as ex-industrial areas, deprived towns and rural and coastal communities, and for people who face labour market barriers.

This Government will ensure that the UK Government and its institutions are working effectively to realise the benefits of four nations working together as one United Kingdom.

Spending Review 2020 set out the main strategic elements of the UK Shared Prosperity Fund in the Heads of Terms. This stated that UK Shared Prosperity investment should be aligned with the government's clean growth and net zero objectives. The Government will publish a UK-wide investment framework later this year and confirm its funding profile at the next Spending Review.

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