Monday 6 June 2022

Scotland to maximise net zero funding

Scotland to maximise net zero funding

The Scottish government has announced that it will increase net zero spending for low carbon heat, peatland and woodland restoration.

More than £500 million will also be spent in the next three years on programmes that focus on reducing greenhouse gas emissions.

The announcement has been made by Net Zero Secretary Michael Matheson, stating that public funding will be used by the government for the benefit of the planet and mitigating climate change.

He unveiled the Resource Spending Review, which will see up to £75 million spent each year on decarbonising homes, £95 million on woodland creation, £150 million on public transport and £12 million on peatland restoration.

Mr Matheson commented: “Our future spending plans prioritise investment in the package of measures to tackle climate change and deliver a just transition - as set out in our updated Climate Change Plan.

“I am committed to ensuring we maximise every penny of public investment, working collaboratively with the private sector and our communities to accelerate delivery of public policies that will reduce emissions, build resilience to the impacts which are locked in, tackle biodiversity loss and help to create a fairer, greener society.”

Written by

Bruna Pinhoni

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