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Both the resource funding and the capital funding that are being allocated to South of Scotland Enterprise in 2025-26 reflect an increase in funding compared to 2024-25.
I refer the member to the answer to the question S6T-00024 on? 26 May 2021, which can be found here: Meeting of the Parliament: 26/05/2021 | Scottish Parliament Website S6W-00159
Local climate bonds have been launched in several Councils in England, but not yet in Scotland.viOfficial Report, NZET Committee, 21 June 2022, col s 9-10 (Green Finance Institute) We heard that they can be useful in helping deliver discrete local schemes but would be harder to scale up for major infrastructure.viiOfficial Report, NZET Committee, 20 Sept 2022, cols 25-26 (Louise Marix Evans) It also seems likely that the appetite for investing in local climate bonds will fluctuate depending on the general economic situation.
However, that progress is under threat from the decisions of a UK Government that is intent on delivering blow after blow to social care. The latest of those falls from the devastating and needless proposal to end new visas for those working in social care.
This week, the Scottish Government continues to equivocate on new licences for oil and gas. The First Minister’s latest position is that the Scottish National Party is okay with new oil and gas if it passes a climate compatibility assessment.