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Government Spending Round: an extra £30mn to be provided to meet net zero

Nick Palmer Senior Writer

Government Spending Round: an extra £30mn to be provided to meet net zero On Wednesday 4 September, Chancellor of the Exchequer Sajid Javid delivered 2019’s Spending Round to Parliament, setting out departmental spending plans for 2020-21. BEIS will receive a 2.1% increase in its resource budget from 2019-20 to 2020-21, excluding the Nuclear Decommissioning Authority, where £30mn will be utilised to accelerate progress on developing decarbonisation schemes which support the UK in meeting its 2050 net zero target. Further detail on how the UK will make progress towards this ambitious target will be issued in the National Infrastructure Strategy in the Autumn. Additionally, a further £243mn will be provided for the Nuclear Decommissioning Authority to enable it to continue the work of safely decommissioning the UK’s nuclear legacy sites. Up to £250mn will also be delivered to the international climate and environment funds, including the Green Climate Fund. Government NIC: upcoming National Infrastructure Strategy “must have a long-term outlook” Chairman of the National Infrastructure Commission Sir John Armitt welcomed the Chancellor of the Exchequer Sajid Javid’s pitch for an ‘infrastructure revolution’ in the Spending Review, published on Wednesday 4 September. However, he warned that the National Infrastructure Strategy must deliver “a truly long-term plan” to meet the outlined targets. “The Government must ensure its forthcoming National Infrastructure Strategy is truly long-term in outlook, backed by clear goals and stable and ambitious funding, and genuinely committed to a change ...

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