Asked by: Gareth Davies (Conservative - Grantham and Stamford)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the Government has plans to issue a sovereign green gilt as part of the transition to a net zero economy.
Answered by John Glen - Paymaster General and Minister for the Cabinet Office
The government remains open to the introduction of new financing instruments but would need to be satisfied that they would meet value-for-money criteria, enjoy strong and sustained demand in the long-term and be consistent with the wider fiscal objectives of government. The government continues to monitor the case for issuing a sovereign green bond and will keep this under review.