Written Question·Treasury·UIN 93911

Climate Change: Taxation

Tabled: 24 November 2025
Answered: 27 November 2025
Named Day

Question

Bell Ribeiro-Addy

LabourClapham and Brixton Hill

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of a financial levy on UK industries historically linked to environmental degradation with revenue allocated to affected countries.

Answer

Dan Tomlinson
The Government is committed to helping deliver global climate finance, including the New Collective Quantified Goal agreed at COP29 of at least $300bn per year to developing countries by 2035, and responding to the wider call on all actors to increase cli...

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