It was highlighted by Net Zero Secretary Michael Matheson, how Scottish Government are tackling climate crisis in future spending plans. He has pledged to maximise the use of public funding to accelerate the delivery of plans to tackle climate change.
The Resource Spending Review, commits to increased spending on heat in buildings, active travel and peatland and woodland restoration. There will also be an increase of over half a billion pounds over the next three years on Capital spending on programmes, to speed up the reduction in greenhouse gas emissions and build climate resilience across Scotland.
The Scottish Government has also committed to increasing its efforts to leverage private sector investment in the just transition to net zero, to make better use of limited public funds.
The key commitments in the Resource Spending Review include:
- up to £75 million per year to deliver the Heat in Building Strategy, enabling £1.8 billion investment towards targets to decarbonise over a million homes and 50,000 non-domestic buildings by 2030;
- up to £95 million towards meeting woodland creation targets of 18,000 by 2024/25;
- £46 million to introduce the community bus fund and an increase in funding for concessionary travel schemes as well as investing up to £150 million of resource and capital across the spending review period in active travel, as part of a shift of transport funding to walking, wheeling and cycling – supporting our commitment to cut car kilometres by 20 per cent by 2030;
- investment of over £12 million in peatland restoration to double current restoration rate and put us on track to hit our target of 20,000 in 2025/26;
- £4 million of resource spending alongside £150 million capital and financial investment for the North East and Moray Just Transition Fund;
- Roll out of the agriculture National Test Programme to enhance farmers and crofters’ awareness of their climate performance.
Net Zero Secretary Michael Matheson said: “This spending review comes at a critical point in the global challenge to address the climate crisis. Tangible global action is becoming ever more urgent, and Scotland is committed to playing its part with some of the most ambitious, legally-binding targets in the world.
To assist with the decarbonisation, hot water cylinders provide an integral component within the project. See how our product range, whether standard or bespoke designed, can help you;
- The ECOflow unvented cylinders for use with air source and ground source heat pumps, provide a fantastic alternative to standard heat pump cylinders where space is restricted within the property
- Solar thermal technology can be utilised not only in unvented cylinder ranges POWERflow and STEELflow, but also thermal store solutions including THERMflow
- THERMflow provides the perfect partner for biomass boiler applications
- Where electric solutions are being looked at, we have a range of both unvented cylinder and thermal store cylinder solutions providing hot water only. However if it is a complete heating and hot water solution, the ELECTRAflow and ELECTRAstore solutions can provide the answer.
To read the full post by the Scottish Government, click here.