To ask the Chancellor of the Exchequer, with reference to the Answers of 21 April 2022 to Questions 153692, 153693 and 153694 on Plastics: taxation, how much and what proportion of the £30 billion committed by the Government to the green industrial revolution is (a) funded by and (b) planned to be funded by revenue generated from the plastic packaging tax; and whether funding allocated for tackling (i) single-use plastics, (ii) waste and (iii) litter has changed since the introduction of that tax.
Answered on
6 June 2022
As set out at Budget 2018 when the tax was first announced, future revenues raised from the Plastic Packaging Tax and the Packaging Producer Responsibility reforms will enable investment to address single-use plastics, waste and litter. Some businesses have already started reformulating their packaging to include recycled content in response to the tax, with many signing up to the UK Plastics Pact which has a target of 30% average recycled content by 2025.
Since March 2021, the Government has committed a total of £30 billion for the green industrial revolution in the UK, including more than £300m capital funding at the 2021 Spending Review to implement free, separate food waste collections in every English local authority from 2025.