Question reference: S6W-25265
- Asked by: Douglas Lumsden, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 6 February 2024
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Current status: Answered by Mairi McAllan on 5 March 2024
Question
To ask the Scottish Government what the percentage change in the amount allocated to the Just Transition Fund is from financial year 2023-24 to 2024-25.
Answer
In 2024-25 there has been a regrettable 51.2% reduction in capital allocated to the Just Transition Fund in 2024-25.
There has been a 100% reduction in financial transactions allocated to the Just Transition Fund in 2024-25.
The change in budget allocation to the Just Transition Fund is due to a reduction in capital and financial transactions funding allocations from the UK Government which the Fund relies on. I remain entirely committed to the multi-annual funding commitment to provide £500m over ten years. 75m has been provided to date and 16m will be spent in 24/25.