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Net Zero Review: Finance

Question for Treasury

UIN HL8662, tabled on 1 October 2020

To ask Her Majesty's Government whether an assessment of funding for (1) a low carbon reskilling strategy, and (2) a public engagement strategy, will be included in the Net Zero Review

Answered on

15 October 2020

The objectives and scope of HMT’s Net Zero Review are set out in the terms of reference, published in November 2019, and are available on the GOV.UK website. The Review will explore how the transition to a net zero economy will be funded, and where the costs will fall. The Review will look at options for a balance of contributions between households, businesses and the taxpayer, and how to maximise economic growth opportunities from the transition.

The government has announced that the Review will be published in Spring 2021. In the meantime, HMT will publish an interim report this autumn 2020. This will set out our approach to the Review and analysis which will inform the final report.

Answered by

Treasury