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This document is the UK's policy response to the COVID-19-induced economic crisis. It outlines a number of stimulus measures, including a "green homes grant" scheme budgeted at 2 billion pounds aimed at enhancing energy efficiency, and a 1.1 billion pound plan to decarbonise the public sector and social housing. The Green Homes Grant scheme introduced as part of this policy response was discontinued in March 2021.
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A plan for jobs
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- £450M for the Short Term Home Building Fund to support 7,200 new homes in England and to boost the housing supply in the market.Economy-wide
- £12.2Bn Affordable Homes Programme to support 180,000 new homes, as well as £12.2Bn to be spent over 5 years (2020-2025/6) on new homes.Economy-wide · Target year: 2025
- £40M to be invested into the courts and tribunal estate to aid environmental sustainability cases.Environment
- £1Bn of additional funding to develop and embed the next generation of cutting-edge automotive technologies.Transport
- £100M invested into the research and development of Direct Air Capture.Environment
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.