On 19th October the Government published its Net Zero Strategy which sets out policies and proposals for decarbonising all sectors of the UK economy to meet the net zero target by 2050.

The strategy sets out a plan for how businesses and consumers will be supported in making the transition to clean energy and green technology. The government has also published its heat and buildings strategy on how the UK will decarbonise homes, commercial, industrial and public sector buildings.

As part of the strategies, new investment announced today includes:

  • £3.9 billion of new funding for decarbonising heat and buildings, including the new £450 million three-year Boiler Upgrade Scheme
  • £350 million to support the electrification of UK vehicles and their supply chains and another £620 million for targeted electric vehicle grants and infrastructure, particularly local on-street residential charge points
  • £140 million Industrial and Hydrogen Revenue Support scheme to accelerate industrial carbon capture and hydrogen
  • £500 million towards innovation projects to develop the green technologies of the future
  • £124 million boost to the Nature for Climate Fund
  • £120 million towards the development of nuclear projects through the Future Nuclear Enabling Fund.

The Department for Environment, Food and Rural Affairs (Defra) has also set out the Government’s response to the Climate Change Committee’s report and their recommendations on adaptation.

Strategy:

Announcement:

Response:

Ten Point Plan:

Staffordshire Business & Environment Network
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