Source · Select Committees · Environmental Audit Committee

Recommendation 13

13 Accepted in Part Paragraph: 135

Review and commit to further matching funding for UK shipping decarbonisation research until 2030.

Recommendation
The Government must send clear and unambiguous signals to the UK maritime sector that it is committed to supporting its transition to net zero. We recommend that Ministers urgently review the funding perspectives for decarbonisation of UK shipping and, no later than the next fiscal event, provide a commitment to further matching funding for research and development to at least 2030.
Government Response Summary
The government partially accepts the recommendation, recognizing the need for R&D funding and long-term certainty but states it will consider how to take this forward as part of the next multi-year spending review, rather than committing by the next fiscal event.
Paragraph Reference: 135
Government Response Accepted in Part
HM Government Accepted in Part
The Government partially accepts this recommendation. We recognise further research and development will be required to accelerate the development of the fuels and technologies required to decarbonise the sector. We have also heard calls from the sector for longer-term certainty required in both policy and research and development. Government will be considering how best to take forward this recommendation as part of the next multi-year spending review.