Government green commitments
Yesterday, the Chancellor of the Exchequer, Rishi Sunak, unveiled the Treasury’s spending plans in his Budget statement. This is the second Budget announcement delivered by the chancellor this year and comes days before the COP26 UN climate change conference begins in Glasgow.
The budget speech itself lacked an environmental focus and was surprisingly light on climate and net zero content. However, the official Budget and Spending Review documents published yesterday set out the government’s green commitments in more detail, confirming a total of £30 billion of domestic investment for the green industrial revolution.
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