§ Norman BakerTo ask the Secretary of State for Environment, Food and Rural Affairs what budget she provided to fund the Carbon Trust in(a) 2002–03, (b) 2003–04 and (c) 2004–05, expressed in April 2004 money. [173465]
§ Mr. MorleyDefra funding of the Carbon Trust in each year (rounded to the nearest £ million), converted to 2004–05 money using HM Treasury GDP Deflator was as follows.
£ million 2002–03 29 2003–04 53 The Carbon Trust's outturn for 2004–05 will not be known until after the end of the current financial year, but they have been offered Defra grant funding of about £60 million.
The Carbon Trust receives funding from the Climate Change Levy via Defra for England and via separate relationships with the devolved Administrations. The Carbon Trust Defra budget included end-year-flexibility of £6 million in 2002–03, £7 million in 2003–04 and £16 million in 2004–05.