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<p>This Government is committed to building back better and investing in the green
infrastructure that will help us to achieve our climate change objectives and level
up the country. At the Plan for Jobs 2020, the Government announced an ambitious £3.05
billion package including the Green Homes Grant, designed to aid homeowners and landlords
retrofit to upgrade the energy and cost efficiency of their homes. At Spring Budget
2020 the Government announced at least £800 million to support Carbon Capture and
Storage (CCS) in two initial industrial clusters, the first by the mid-2020s and the
second by 2030. CCS has the potential to reduce carbon emissions from power plants
and factories. And on Tuesday (22 September), Dogger Bank Wind Farm announced the
creation of almost 250 jobs in the North East on a project that will be capable of
powering up to 4.5m homes when complete.</p><p> </p><p>Our upcoming National Infrastructure
Strategy will set out our long-term economic infrastructure ambitions, focusing on
decarbonisation and levelling up the nation.</p><p> </p><p>The UK is a global centre
for sustainable finance with an established reputation in green finance and a frontrunner
in the structuring, underwriting, and listing of green bonds, with more than 100 bonds
listed on the London Stock Exchange, raising over $26 billion across eight currencies</p><p>
</p><p>The government has been carefully considering the potential issuance of a UK
sovereign green bond and will keep this under review. The government remains open
to the introduction of new debt instruments, but would need to be satisfied that any
new instrument would meet value-for-money criteria, enjoy strong and sustained demand
in the long term and be consistent with wider fiscal objectives.</p>
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