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Research: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 76017, tabled on 17 July 2020

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 13 July 2020 to Question 71047 on Research: Finance, how much of that funding will be funded through the £1 billion announced in Budget 2020.

Answered on

24 July 2020

Of the £100m for Direct Air Capture and carbon removal technologies, £70m will be allocated and delivered from the £1 billion BEIS Energy Innovation Programme as announced in the Budget in 2020. A further £31.5m will be spent through the UKRI Strategic Priorities Fund: Greenhouse Gas Removal Demonstrators (GGR-D).

Answered by

Department for Business, Energy and Industrial Strategy