To ask the Chancellor of the Exchequer, what the allocation to Northern Ireland will be from Wave 3 of the Social Housing Decarbonisation Fund.
Answered on
18 October 2023
At Spending Review 2021, funding was allocated for the Social Housing Decarbonisation Fund to the former Department for Business, Energy and Industrial Strategy and the Barnett formula was applied.
At spending reviews, the Barnett formula is applied to changes in each UK government department’s DEL budget with the Barnett consequentials that arise then added to the devolved administrations’ baseline block grants. Because the Barnett formula is not applied to changes in funding for all the individual programmes within a UK government department’s DEL budget, the Barnett consequentials associated with these individual programmes, such as the Social Housing Decarbonisation Fund, cannot be identified.
At Autumn Statement 2022, the Chancellor announced £6 billion of funding to go towards energy efficiency policies in the next Spending Review period.
All decisions on devolved administration funding beyond the current Spending Review period will be taken at future Spending Reviews.