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<p>The government uses a range of policy levers – including spending – to achieve
its environmental objectives while growing the economy.</p><p> </p><p>The Clean Growth
Strategy set out significant investment by the Government in clean growth including
£2.5 billion to support low carbon innovation from 2015-2021, £1 billion to support
the uptake of ultra-low emissions vehicles and £4.5bn to support development of renewable
and low carbon heating through the Renewable Heat Incentive. At Spring Statement there
were a number of environmental announcements, including a new Review on the Economics
of Biodiversity.</p><p> </p><p>The recent Spending Round provides additional funding
for decarbonisation, air quality, and biodiversity including £30m for BEIS to accelerate
progress on decarbonisation schemes and £30m for DEFRA to protect and enhance biodiversity.
Most programmes already have capital budgets set for 2020/2021. We will set out further
details of our plans for decarbonisation in the infrastructure strategy later this
year.</p>
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