Meeting of the Parliament 24 March 2026 [Draft]
What Jackie Dunbar has just outlined is critical: public money will not deliver on all the actions of the climate change plan. It can be used as seed funding at the very beginning of some of the things that we want to happen, but crowding in inward investment will really boost jobs and the tax take for Scotland and will mean that we achieve a seismic change in the economy. Since the publication of the draft climate change plan, we have been able to see our ambition to deliver that change. Last November, we launched our new InvestScotland portal, which showcases to global capital investors investment-ready opportunities in Scotland, from heat networks to renewables.
In addition, there are already examples of the public and private sectors working together to deliver their emissions reduction ambitions, which will be built on as a result of the plan. For example, there was early public funding of EV charging, backed by our strong ambition and commitment, which attracted enough private investment to allow us to meet our public charge point targets two years ahead of schedule. In offshore wind, £670 million of private investment has been leveraged from £150 million of Scottish public funding to date, creating and sustaining thousands of jobs. There are more sectors in which we can do that, and I am keen to do so.