Sturgeon unleashes major funds for Scotland’s transition to net zero

A £100 million Green Jobs Fund accompanied by a £25 million training fund to support Scotland’s moves to net zero have been unveiled.

Scottish parliament

The funds were announced as part of first minister Nicola Sturgeon’s Programme for Government, which pledges to put a green recovery at the forefront of the administration’s approach in the next year.

The £100 million Green Jobs Fund will be dedicated to support new and increased opportunities for green job creation across Scotland. It will also support businesses in efforts to decarbonise, thereby developing new employment opportunities and driving down emissions.

“We will immediately put a clear new focus on our updated Climate Change Plan, ensuring it reflects our new starting point and the central importance of a green recovery to Scotland's progress, and the Infrastructure Investment plan will reflect our commitment to tackling climate change,” Sturgeon added.

“We will ensure our rural economy and Scotland's rich natural resources and biodiversity are central to our economic, environmental, and social wellbeing.”

The National Transition Training Fund is expected to provide support to 10,000 people facing redundancy and unemployment as a result of Covid-19.

The Scottish Government also pledged to set out the first tranche of its £2 billion Low Carbon Fund, including helping to secure investment of £1.6 billion over the next Parliament in heat and energy efficiency in homes and buildings, and providing £60 million for industrial decarbonisation

 

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