Meeting of the Parliament 11 December 2025
The draft climate change plan, which was published on 6 November, is the first climate change plan in the United Kingdom to set out an assessment of the costs and benefits of the policies within it. Most of those financial benefits are expected to accrue to households and businesses. The draft plan includes the net cost, which is financial costs minus financial benefits, of delivering its policies. That is in line with the approach that is used by the Scottish Fiscal Commission and the Climate Change Committee. That cost to the Scottish economy from 2026 to 2040 is estimated at £4.8 billion.
We are seeking views on the presentation of costs and benefits during the plan’s consultation period and will consider those for the final publication.