Threads / Fiscal Risks and Sustainability / We asked the Treasury how it was reflecting the issue of Ne…
Committee Material Published 26 Jan 2024 ↗ View on Parliament

We asked the Treasury how it was reflecting the issue of Net Zero spending in the WGA, given its importance across government and therefore every public body that is included in the WGA. At present, the WGA deals primarily with listing spending commitments relating to Net Zero. HM Treasury committed to making this information more prominent as the money begins to be spent and it has data on what has been spent against those commitments.52 We observed that, as with COVID spending, some of this...

We asked the Treasury how it was reflecting the issue of Net Zero spending in the WGA, given its importance across government and therefore every public body that is included in the WGA. At present, the WGA deals primarily with listing spending commitments relating to Net Zero. HM Treasury committed to making this information more prominent as the money begins to be spent and it has data on what has been spent against those commitments.52 We observed that, as with COVID spending, some of this spending will become business as usual, so it will be important to balance this with the ability to track funding. There is also a risk that both the fu Type: conclusion | Number: 29 | Response status: not_addressed Government response: 5.1 The government agrees with the Committee’s recommendation. Target implementation date: Spring 2024 5.2 HM Treasury is committed to continuous improvement and will ensure that the WGA continues to reflect areas of topical interest. The 2021-22 WGA includes an