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<p>The UK has over 460,000 jobs in low carbon businesses and their supply chains and
many of the actions we need to take to reach our target of net zero emissions by 2050
will support the future growth of our economy.</p><p> </p><p>In his Summer Economic
Statement, my Rt. Hon. Friend Mr Chancellor of the Exchequer emphasised the Government’s
intention to make this a green recovery with concern for our environment at its heart
and announced a package of over £3 billion to reduce greenhouse gas emissions from
buildings, which will support up to 140,000 green jobs.</p><p> </p><p>On 6th October,
the Government set out new plans to Build Back Greener by making the UK the world
leader in clean wind energy. Under these plans, a target has been set to support up
to double the capacity of renewable energy in the next Contracts for Difference auction;
£160 million is to be made available to upgrade ports and infrastructure; and a new
target was announced for floating offshore wind to deliver 1GW of energy by 2030.
This will enable the sector to support up to 60,000 jobs directly and indirectly by
2030 in ports, factories and associated supply chains, manufacturing the next-generation
of offshore wind turbines and delivering clean energy to the UK.</p><p> </p><p>The
Government will also establish a £40m Green Recovery Challenge Fund to help halt biodiversity
loss and tackle climate change through local conservation projects, connecting more
people to the outdoors by delivering up to 5,000 jobs.</p>
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