Investment overview
|
Climate Principle |
Agreed programme funding |
Money spent up to October 2022 |
|---|---|---|
|
Delivering Net Zero by 2030 |
£152.8m |
£2.7m |
|
Achieving sustainable travel |
£1.6m |
£0.2m |
|
Providing a sustainable curriculum |
£1.8m (this was increased by £0.9m in June 2022) |
£0.1m (additional funding has been provided by the Curriculum Redefined Programme) |
|
Supporting a Net Zero city |
£11.4m |
£0.1m |
|
Reorienting research and teaching |
£6.9m (this was decreased by £0.9m in June 2022) |
£0.1m |
|
Shaping institutional decision making |
£0 (because funding has been provided by the University Finance team) |
£0 |
|
Enabling responsible investment |
£0 (because funding has been provided by the University Secretariat) |
£0 |
|
Total |
£174.5m |
£3.2m |
The majority of the funding for the Climate Principles Programme has been allocated to delivering net zero by 2030. This is due to the high costs of delivering its objectives such as retrofitting buildings and upgrading electrical infrastructure.
Most of the spend this year has been to carry out detailed feasibility studies to determine the most effective means of achieving net zero emissions.
Programme spend will increase significantly over the coming two years as we start construction projects that will enable the delivery of net zero by 2030 and complete the recruitment for other principles.
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