Question reference: S6W-06125
- Asked by: Liam Kerr, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 27 January 2022
-
Current status: Answered by Richard Lochhead on 8 February 2022
Question
To ask the Scottish Government, further to the answer to question S6W-05226 by Richard Lochhead on 18 January 2022, whether it is the case that the objectives and key deliverables for the Just Transition Fund (a) in year 1 (2022) and (b) for the first tranche of £20 million of funding (i) were not set prior to the announcement of each funding stream, (ii) are yet to be set and (iii) will not be set until the "programme of engagement" has concluded.
Answer
The ten-year £500 million Just Transition Fund for the North East and Moray is a single initiative. The initial £20 million announced for the 2022-23 is a mixture of Capital and Financial Transactions, but should not be regarded as distinct ‘funding streams’ with separate objectives and deliverables.
As specified in the draft Shared Policy Programme, and as specified in this year’s draft Budget, the strategic objective of the Fund is to support and accelerate the development of a transformed and decarbonised economy in the North East and Moray and support the role of Aberdeen and the wider north east as one of Scotland’s centres of excellence for the transition to a net zero economy.
Detailed policy design work and implementation planning, informed by a programme of engagement with partners in the region, is underway ahead of the new financial year. This will inform the specific objectives and deliverables of the Just Transition Fund in a) year 1 and b) for the first tranche of £20 million of funding. Further updates will be shared as this engagement develops. We will work collaboratively, continuing to engage and co-design this Fund with partners in region throughout the lifetime of this ten-year £500 million commitment to the North East and Moray.