Greenhouse Gas Emissions: Finance

(asked on 24th May 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with international partners on shared investment in new net zero technologies.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 27th May 2021

The UK aims to be a global leader in green and net zero technologies, underpinned by our commitment to reach net zero emissions by 2050. This is supported by my Rt. Hon. Friend the Prime Minister’s Ten Point Plan for a Green Industrial Revolution and other key government plans, including the Industrial Decarbonisation Strategy and Energy White Paper.

Our approach brings together ambitious policies and significant new public investment, while seeking to mobilise private investment. This has the potential to deliver up to an estimated £42 billon of private investment, from both domestic and international partners, by 2030 across energy, buildings, transport, innovation and the natural environment.

The Department for Business, Energy & Industrial Strategy works closely with the Department for International Trade, and the Foreign Commonwealth and Development Office, in supporting these investment opportunities, including through a wide range of meetings and events with international partners.

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