The Scottish Government’s Climate Action and Energy Secretary Gillian Martin said on Wednesday that “record funding” of over £5 billion will support climate action and further develop Scotland’s renewable energy sector.

The investment, unveiled in the draft Scottish budget for 2026-27, “will help tackle the twin crises of climate change and biodiversity loss by funding policies and actions aimed at cutting green-house gas emissions further, enabling communities to become more resilient to the impacts of climate change and protecting and restoring nature.”

Martin reiterated the Scottish Government’s financial commitment ahead of addressing the Scottish Renewables Offshore Wind Conference where she is expected to confirm further new investment in the sector.

The £5 billion allocation for climate action in the draft Scottish Budget includes a total of £2.9 billion of capital funding– representing 41% of the Scottish Government’s total capital budget proposed for next year.

Martin said: “This draft Budget for the next year demonstrates the Scottish Government’s continued commitment to achieving net zero by 2045 and tackling the twin crises of climate change and biodiversity loss.

“Done correctly, the transition to net zero can help to tackle poverty, restore nature, and improve health and well-being all while offering significant economic opportunities.

“Our record investment of more than £5 billion will help reduce household energy costs, support green jobs, restore nature and build healthy and resilient communities through the efforts set out in our draft Climate Change Plan.

“Offshore wind will be a major part of delivering on our climate ambitions and represents a huge economic opportunity for all of Scotland, delivering jobs and attracting major investment across the country.”