Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, in the context of the Government's COP26 commitments on the transition to net zero, whether his Department has plans to extend the funding for the Aerospace Technology Institute to 2031.
Published in October 2021, the Net Zero Strategy sets out policies and proposals for decarbonising all sectors of the UK economy, including the aerospace sector, to meet our net zero target by 2050, keep the UK on track for meeting carbon budgets, to deliver our Nationally Determined Contribution by 2030.
In line with the Net Zero Strategy and the Government’s COP26 commitments on the UK’s transition to net zero, my Rt. Hon. Friend Mr Chancellor of the Exchequer extended the funding to the Aerospace Technology Institute programme from 2026 to 2031 as part of the most recent Spending Review.