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1700417

	registered interest
	date	12/04/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Nuclear Power: Taxation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he plans to include nuclear (a) power generation and (b) fuel manufacture as sustainable activities within the UK Green Taxonomy.
	tabling member constituency	Clacton
	tabling member printed	Giles Watling
	uin	21304
	answer	answer is ministerial correction date of answer 22/04/2024 answer text <p>The Government has stated its intention to include nuclear in the UK Green Taxonomy, subject to consultation. This will incentivise private investment in this important technology alongside renewables and other sectors that are key to reaching our Net Zero goal. The Government expects to publish the consultation on the UK Green Taxonomy shortly.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 22/04/2024 13:14:44 answering member 4639 label Biography information for Bim Afolami
	tabling member	4677 label Biography information for Giles Watling

1679771

	registered interest
	date	05/01/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Banks: Livestock Industry
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he is taking steps to prevent banks from providing (a) financial and (b) investment support to industrial livestock companies that contribute to deforestation.
	tabling member constituency	Clacton
	tabling member printed	Giles Watling
	uin	8174
	answer	answer is ministerial correction date of answer 15/01/2024 answer text <p>The Government is committed to working with UK financial institutions to further tackle deforestation-linked finance. As we set out in the updated Green Finance Strategy, we have begun this work with Government-convened roundtables having commenced in Summer 2023.</p><p> </p><p>The global approach on disclosure standards, such as the International Sustainability Standards Board (ISSB) or the Taskforce on Nature-related Financial Disclosures (TNFD) is a vital condition for success in improving nature-related disclosure.</p><p> </p><p>Following the making of the first relevant regulations under paragraph 1 of Schedule 17 of the Environment Act and as set out in the Financial Services and Markets Act 2023, HM Treasury will conduct a review to assess the extent to which regulation of the UK financial system is adequate for the purpose of eliminating the financing of illegal deforestation, and to consider what, if any, changes to the regulatory framework may be appropriate.</p> answering member constituency Hitchin and Harpenden answering member printed Bim Afolami question first answered 15/01/2024 14:23:52 answering member 4639 label Biography information for Bim Afolami
	tabling member	4677 label Biography information for Giles Watling