British Business Bank: Carbon Emissions and Environment Protection
The question
To ask the Secretary of State for Business and Trade, Pursuant to the Answer of 2 February 2026 to Question 108798, whether any British Business Bank programmes or business lines have been discussed, designated or promoted as relating to net zero, decarbonisation, sustainability or the green economy; and what the budgets for those programmes or business lines were in a) 2024–25, and b) 2025-26.
Answered by Blair McDougall
The only British Business Bank programme that relates specifically to the green economy is the green variant of the Growth Guarantee Scheme. This was announced on 11 February 2025 with an initial £30 million portfolio. This pilot programme is funded from the Growth Guarantee Scheme budget and does not represent additional expenditure.
The Bank does not operate any standalone programmes or business lines designated or promoted as relating to net zero, decarbonisation, sustainability or the green economy. The Bank considers sustainability and decarbonisation as cross-cutting themes across its activities and there were no separate budgets allocated to such themes in either of the years mentioned.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →