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Foreign Investment in UK: Carbon Emissions

Question for Department for International Trade

UIN 26722, tabled on 28 June 2022

To ask the Secretary of State for International Trade, pursuant to her Department’s inward investment results published on 28 June 2022, how many of the (a) 1,131 involved FDI projects recorded in 2020-21 and (b) 1,174 involved FDI projects recorded in 2021-22 have been verified as net-zero investments aligned to the ten point plan for a green industrial revolution.

This answer is the replacement for a previous holding answer.

Answered on

6 October 2022

Recently released statistics show the Department for International Trade (DIT) supported inward investment that contributes to the Government’s green industrial revolution agenda. These statistics can be found by accessing https://www.gov.uk/government/statistics/department-for-international-trade-inward-investment-results-2021-to-2022

This shows that DIT supported nearly £13 billion of net zero aligned foreign investment in the financial year 2021 to 2022, creating almost 9,000 new jobs.

A previous DIT publication related to the green industrial revolution agenda can be found by accessing

https://www.gov.uk/government/statistics/net-zero-related-inward-investment-in-the-uk-18-november-2020-to-24-september-2021

This shows that since the 10 Point Plan was announced on 18 November 2020 to 24 September 2021, DIT supported £2.6 billion worth of net zero aligned foreign investment, creating nearly 3,000 new jobs.

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