Business: Government Assistance

(asked on 28th August 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what criteria his Department uses to ensure (a) industries and (b) projects selected for funding from the Government's post-covid stimulus packages are aligned with the (i) UK’s net zero emissions target and (ii) UN’s sustainable development goals.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
Minister of State (Foreign, Commonwealth and Development Office) (jointly with Department for Levelling Up, Housing and Communities)
This question was answered on 4th September 2020

The Coronavirus is the biggest threat this country has faced in decades. We will assess the impacts of potential interventions against their contribution to our environmental goals, including our climate change and air quality targets. The Government continues to work towards achieving the long-term changes in our economy that are necessary to achieve net zero by 2050. The Treasury is conducting a review into how the transition over the next 30 years will be funded and where the costs will fall. This will include principles to guide decision-making.

This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
Recent Documents related to Business: Government Assistance

1. Call for Evidence
03/12/2020 - Inquiry: Greening the post-Covid recovery - Environmental Audit Committee
- View source

Found: Call for evidence Greening the post-Covid Recovery call for evidence Questions the Committee is

2. Greening the post-Covid recovery
13/05/2020 - Select Committee Inquiry

Found:

Greening the post-Covid recovery

In May the Committee

3. UK Government Green Financing
30/06/2021 - HM Treasury
- View source

Found: climate change and other environmental challenges, funding much-needed infrastructure investment, and creating

4. The Confederation of British Industry - written evidence
03/09/2019 - Inquiry: Decarbonisation of the UK Economy and Green Finance - Treasury Committee
- View source

Found:      Written evidence submitted by CBI – (DUE0110)As the UK’s leading business organisation, the CBI speaks for

5. Sustainable Energy Association - written evidence
03/09/2019 - Inquiry: Decarbonisation of the UK Economy and Green Finance - Treasury Committee
- View source

Found: Written evidence - Sustainable Energy AssociationSustainable Energy Association response to decarbonisation

Latest Documents
Recent Speeches related to Business: Government Assistance

1. Covid-19: Recovery Strategies
11/06/2020 - Lords Chamber

1: That this House takes note of the case for post-COVID-19 recovery strategies that will contribute to - Speech Link
2: will be tomorrow’s central scenario and, unlike Covid-19, no one will be able to self-isolate from it - Speech Link

2. Climate Change: Targets
27/05/2021 - Grand Committee

1: time as Lib Dem spokesperson for international development I came across various anomalies, the most egregious - Speech Link

3. Finance Bill
01/07/2020 - Commons Chamber

1: revenues—“(1) The Chancellor of the Exchequer must make an assessment of the net effect on tax revenues - Speech Link
2: ones that will have benefited from the impact of covid-19. Before the pandemic struck, they were the beneficiaries - Speech Link
3: time-limited, and we will need to see a much more sustainable, long-term solution with a broader international - Speech Link

4. Green Economy
12/03/2020 - Lords Chamber

1: extinction. On a global scale, the latest report from the UN’s Intergovernmental Science-Policy Platform on Biodiversity - Speech Link

5. Greenhouse Gas Emissions Trading Scheme Order 2020
27/10/2020 - Grand Committee

1: Grand Committee do consider the Greenhouse Gas Emissions Trading Scheme Order 2020.Relevant document: - Speech Link
2: the EU emissions trading system at the end of the transition period, as a consequence of the UK’s withdrawal - Speech Link

Latest Speeches
Recent Questions related to Business: Government Assistance
Latest Questions