And, again, we're taking a different approach in respect of our approach to reserves. So, as part of the multi-year budget, we have a new fiscal strategy to maximise the available funding on the resource side. Unlike in previous years when spending plans have fully utilised the £125 million annual drawdown limit, our plans don't assume the full drawdown limit from the Welsh reserve from 2023-24, and that's because we will use that Welsh reserve to manage the in-year financial position without holding any unallocated DEL, and drawdowns will be included within the appropriate supplementary budgets.

I mention that because, really, there is no separate pot of money now from which to allocate additional funding. So, we've heard lots of calls, particularly from the Conservatives, about other areas where they would like us to invest, where we haven't gone far enough, but we really do need now those alternative proposals to come forward in terms of where the Conservatives would invest and where they would take the money from, because you can't just have one side of that story told. The Conservative spokesperson referred to costed plans. Please go ahead and publish those costed plans, because we'd be really, really keen to see them and to see where those cuts would come and where you wouldn't share our priorities within the budget.

Just briefly on the loss of EU funding, under the UK Government's community renewal fund, we'll receive only £46 million this year, and that's compared to at least £375 million we would have received from EU structural funds from January 2021. Clearly, exiting the European Union isn't working for Wales, and the UK Government does need to stick to the promises that it's made.

It's quite incredible to hear Conservatives talking in support of our rural communities when Wales's farmers and rural communities will lose out on at least £106 million of replacement EU funding over the spending review period, and that's on top of the £137 million not provided by the UK Government in this financial year. So, clearly, there is a lack of coherence between what the Conservatives would like to see for rural Wales and what the UK Government is allowing to be delivered.

Several colleagues have mentioned the carbon analysis of the budget. I think it's really important that we put front and centre the climate and nature emergency, as you've seen within the budget, and I think that I'd point colleagues to the range of documentation that is published alongside the budget, but also then to the net-zero delivery plan, so that's where you'll see those carbon impacts and the actions that we're taking, using all of those levers, with the role then of the budget to sit alongside that and fund those actions where the evidence supports the need to invest.

We've also built on what was really, really good work, which we published alongside the draft budget last year, in the chief economist's report. That really did lead us to consider the need to have a zero-based review of our general capital budgets and then establish a new 10-year Wales infrastructure and investment strategy. And we're the only part of the UK to have done a zero-based review of capital budgets, and it's a really uncomfortable thing to do, because you do end up having very difficult conversations with colleagues because there's no assumption that previous capital will be rolled forward, but it's the right thing to do in the sense of ensuring that our capital budgets are better aligned with our ambitions in the environmental space.

And, equally, gender budgeting is a really, really important part of our approach now to our budget. We remain fully committed to ensuring that the Welsh Treasury drives this forward, but also we've got ambitions to be amongst those world leaders, and we engage very frequently with the Nordic nations, with New Zealand and others with an interest in this area, to ensure that we're learning from good practice elsewhere and that we are starting to really embed the approach. So, last year, we started this important work through the personal learning accounts, and that's ongoing, but now we're looking to progress the work in this area with two further pilots that we'll be undertaking in active travel and also the young person's guarantee. So, lots of really important work on gender budgeting. But, with gender budgeting and with carbon impact assessments, I know that we are just really at the start of a really important journey, and keen, I think, to go along that journey with Members of this Senedd who have a shared interest in these agendas, because they are so important and so shared, I think.

So, just to respond to some of the specific points now in terms of allocations, I want to talk about health because obviously that is the largest part of the budget. We're committing £170 million recurrently to support the transformation of planned care to help tackle the backlog of patients whose treatments have been delayed as a result of the pandemic, and a further £20 million recurrently to support the focus on value-based healthcare, delivering the outcomes that really matter to patients.

Lots of colleagues were quite rightly concerned about social care. So, we are committed to prioritising social care, and I do think you can see that in this budget with the additional £60 million direct additional funding to drive forward those reforms. In 2022-23 alone, we're providing over an additional £250 million for social services, and that includes £180 million within the local government settlement and direct investment of £45 million plus £50 million of additional social care capital relative to 2021-22. So, I think our commitment to social care is absolutely there and it's very, very clear.

Mental health, again, is something that quite rightly has come through the debate as being a critical area for many colleagues. We've allocated an additional £100 million up to 2024-25 to prioritise mental health and well-being, and that includes an additional £50 million package in 2022-23, and includes additional funding to support the implementation of the mental health workforce plan, and, of course, additional funding for young people's mental health.

I'm probably testing the Llywydd's patience a bit because I'm just about to go out of my time—