Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the effect of climate change on the work of his Department; and what steps he is taking in response to that effect.

HM Treasury takes its environmental responsibilities very seriously. As you would expect, we are considering what further fiscal and other policy measures are needed to meet our 2050 net zero target.

HM Treasury’s Net Zero Review is looking into how the transition to a net zero economy will be funded, and where the costs will fall. The review will publish its findings in Autumn 2020.