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1551981

registered interest
date	15/12/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Renewable Energy: Capital Investment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to further develop a market for investment in green industry.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	111588
answer	answer is ministerial correction date of answer 22/12/2022 answer text <p>Driving investment into UK green energy and industries is a priority for this Government.</p><p> </p><p>Since March 2021, the Government has committed £30 billion of domestic green investment. The Government is establishing the regulatory frameworks that will spur investment into green projects – such as through the Energy Bill. The Government is also working closely with DIT to communicate its plans more effectively to private investors. Over the course of this year, the Government has published net zero roadmaps tailored to the investment community for example on Hydrogen and carbon capture as well as hosting the UK’s inaugural Green Trade and Investment Expo.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 22/12/2022 14:41:49 answering member 1482 label Biography information for Graham Stuart
tabling member	4131 label Biography information for Jim Shannon

1551982

registered interest
date	15/12/2022
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	Weather: Damage
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 estimate his Department has made of the cost to local authorities of dealing with damage caused by the increased intensity and frequency of extreme weather due to climate change.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	111589
answer	answer is ministerial correction date of answer 23/12/2022 answer text <p>Local authorities have a crucial role to play in managing climate impacts at the local level. The upcoming National Adaptation Programme by the Department for Environment, Food &amp; Rural Affairs due next year will respond to the 61 risks and opportunities set out in the Climate Change Risk Assessment earlier this year. The Programme will set out how we are working together with local authorities to adapt to climate impacts.</p><p>The provisional Local Government Finance Settlement for 2023/24 makes available an additional £5 billion to councils in England, an increase of 9% in cash terms compared to 2022/23. Taking 2022/23 and 2023/24 together, we have increased the funding available to local government in England in real terms. The majority of this funding is un-ringfenced in recognition of local authorities being best placed to understand local priorities, including dealing with extreme weather.</p><p>For councils in Northern Ireland, Scotland and Wales, the respective devolved administrations may hold this information.</p><p> </p> answering member constituency North East Derbyshire answering member printed Lee Rowley question first answered 23/12/2022 14:09:41 answering member 4652 label Biography information for Lee Rowley
tabling member	4131 label Biography information for Jim Shannon

1551984

registered interest
date	15/12/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Carbon Emissions: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to incorporate lessons learned from the recent UK Investment Bank local lending pilots into government policy on financing Net Zero.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	111591
answer	answer is ministerial correction date of answer 21/12/2022 answer text <p>The UK Infrastructure Bank (UKIB) has a mandate to tackle climate change and support regional and local economic growth across the UK.</p><p> </p><p>UKIB has launched three pilot programmes with Transport for Greater Manchester, West Yorkshire Combined Authority, and Bristol City Council to support the development of its Local Authority Advisory Function. UKIB has processes in place to regularly review progress on these pilots and identify replicable elements of these projects, with a view to disseminating this knowledge to a wider pool of local authorities.</p><p> </p><p>The Bank is operationally independent but has developed an open dialogue with both HM Treasury and BEIS, including sharing their experiences of the development of their advisory and local lending functions.</p><p> </p><p> </p><p>In the first Strategic Steer to UKIB published in March of this year, the then-Chancellor set expectations that the UKIB should work constructively with government and institutions in each nation of the UK to maximise the impact of its investments and to develop a nuanced understanding of market characteristics, so investments can be targeted appropriately.</p> answering member constituency South Suffolk answering member printed James Cartlidge question first answered 21/12/2022 10:33:58 answering member 4519 label Biography information for James Cartlidge
tabling member	4131 label Biography information for Jim Shannon