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1660540

registered interest
date	13/09/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Automotive Transformation Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, how much funding from the Automotive Transformation Fund (a) has been spent and (b) has been allocated for the spending review period to March 2025.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	199465
answer	answer is ministerial correction date of answer 22/09/2023 answer text <p>In 2020, £500m of Automotive Transformation Fund (ATF) funding was announced in the Ten Point Plan. The 2021 Net Zero Strategy announced a further £350m funding for the ATF between 2022/23-2024/25. £136m of this budget, for financial year 2022-23, was later reprioritised by BEIS (predecessor department) for investment in Sizewell C</p><p> </p><p>As of September 2023, the total value of offers made under the ATF is over £550 million. In addition, we are in active discussions with investors on a wide range of exciting new projects for the UK's electric vehicle supply chain.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 22/09/2023 11:38:13 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4602 label Biography information for Wera Hobhouse

1660541

registered interest
date	13/09/2023
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Automotive Transformation Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, how much funding from the Automotive Transformation Fund she plans to allocate to (a) existing legacy car and van manufacturers and (b) new entrants to the market.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	199466
answer	answer is ministerial correction date of answer 22/09/2023 answer text <p>The Automotive Transformation Fund offers funding for capital and associated industrial research projects that support the industrialisation of a high value, electrified automotive supply at scale in the UK. We continue to work with industry to unlock private investment in our EV supply chain via the ATF. This includes unlocking strategic investments in gigafactories, motors and drives, power electronics, and fuel cell systems.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 22/09/2023 10:48:29 answering member 4460 label Biography information for Ms Nusrat Ghani
tabling member	4602 label Biography information for Wera Hobhouse

1660591

registered interest
date	13/09/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Local Government Pension Scheme: Climate Change
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, what his Department's expected timeline is to publish its response to the consultation entitled Local Government Pension Scheme (England and Wales): Governance and reporting of climate change risks.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	199498
answer	answer is ministerial correction date of answer 22/09/2023 answer text <p>The Government wrote to the Local Government Pension Scheme (LGPS) Advisory Board on 15 June confirming the proposed requirements will not be implemented relating to the governance or disclosure of climate-related financial risks for the financial year 2023/24. The Government will respond to the consultation in due course.</p><p>As set out in <em>The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016</em>, the term “proper advice” means the advice of a person whom the authority reasonably considers to be qualified by their ability in and practical experience of financial matters.</p> answering member constituency North East Derbyshire answering member printed Lee Rowley grouped question UIN 199529 question first answered 22/09/2023 14:02:28 answering member 4652 label Biography information for Lee Rowley
tabling member	4602 label Biography information for Wera Hobhouse

1660626

registered interest
date	13/09/2023
answering body	Department for Levelling Up, Housing and Communities
answering dept id	211
answering dept short name	Levelling Up, Housing and Communities
answering dept sort name	Levelling Up, Housing and Communities
hansard heading	Local Government Pension Scheme: Climate Change
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Levelling Up, Housing and Communities, what is meant by proper advice in the Local Government Pension Scheme’s proposed responsibilities on climate risk.
tabling member constituency	Bath
tabling member printed	Wera Hobhouse
uin	199529
answer	answer is ministerial correction date of answer 22/09/2023 answer text <p>The Government wrote to the Local Government Pension Scheme (LGPS) Advisory Board on 15 June confirming the proposed requirements will not be implemented relating to the governance or disclosure of climate-related financial risks for the financial year 2023/24. The Government will respond to the consultation in due course.</p><p>As set out in <em>The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016</em>, the term “proper advice” means the advice of a person whom the authority reasonably considers to be qualified by their ability in and practical experience of financial matters.</p> answering member constituency North East Derbyshire answering member printed Lee Rowley grouped question UIN 199498 question first answered 22/09/2023 14:02:28 answering member 4652 label Biography information for Lee Rowley
tabling member	4602 label Biography information for Wera Hobhouse