The Scottish Government has unveiled a major £1.8bn net zero spending plan for the coming year, pledging to ramp up support for green infrastructure, low carbon heating, and tree planting as it seeks to place tackling the climate emergency “at the heart” of its programme. Setting out the Scottish Budget for 2020-21 yesterday, public finance minister Kate Forbes announced a major package of funding to accelerate Scotland’s transition to a net zero economy, which she claimed would support high quality jobs, boost public services, and tackle inequalities. The net zero investment includes £220m seed funding for the Scottish National Investment Bank “to support its mission to drive the transition to a net zero economy”, and a new £120m Heat Transition Deal to help decarbonise homes and buildings in Scotland. Energy efficiency spending has been increased to £151m this year, while the Scottish Government also said it would set out a wider programme of work on green heat and energy efficiency in the summer. In addition, public transport has secured a Budget boost, with increased investment in rail services of £270m, taking total investment in rail and bus services to £1.55bn in 2020-21, as well as more than £85m investment towards increasing active travel. A further £5m has been earmarked to fund the roll out of electric police cars.
Business Green 7th Feb 2020 read more »