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<p>My Rt. Hon. Friend the Prime Minister’s 10 Point Plan for a green industrial revolution
will create long-term advantage for the UK in low-carbon technologies and services.
It will support up to 250,000 green jobs, levelling up regions across the UK, and
reinvigorate our industrial heartlands. The Plan will mobilise £12 billion of government
investment to unlock three times as much private sector investment by 2030.</p><p>
</p><p>Delivering clean investment at the scale and pace required will mean taking
bold steps. That is why we will issue the UK’s first Sovereign Green Bond and we will
create a new infrastructure bank for the UK which will co-invest alongside private
sector investors in infrastructure projects.</p><p> </p><p>As part of the Plan, we
announced £1 billion for the Net Zero Innovation Portfolio to develop the cutting-edge
technologies needed to reach our energy ambitions. We are also investing up to £500
million for low carbon hydrogen production across the decade with £240 million confirmed
out to 2024/2025 and £1 billion to capture carbon from power stations and industry,
helping to support 50,000 jobs.</p>
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