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1551984
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury remove filter
hansard heading Carbon Emissions: Finance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what plans he has to incorporate lessons learned from the recent UK Investment Bank local lending pilots into government policy on financing Net Zero. more like this
tabling member constituency Strangford more like this
tabling member printed
Jim Shannon remove filter
uin 111591 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-12-21more like thismore than 2022-12-21
answer text <p>The UK Infrastructure Bank (UKIB) has a mandate to tackle climate change and support regional and local economic growth across the UK.</p><p> </p><p>UKIB has launched three pilot programmes with Transport for Greater Manchester, West Yorkshire Combined Authority, and Bristol City Council to support the development of its Local Authority Advisory Function. UKIB has processes in place to regularly review progress on these pilots and identify replicable elements of these projects, with a view to disseminating this knowledge to a wider pool of local authorities.</p><p> </p><p>The Bank is operationally independent but has developed an open dialogue with both HM Treasury and BEIS, including sharing their experiences of the development of their advisory and local lending functions.</p><p> </p><p> </p><p>In the first Strategic Steer to UKIB published in March of this year, the then-Chancellor set expectations that the UKIB should work constructively with government and institutions in each nation of the UK to maximise the impact of its investments and to develop a nuanced understanding of market characteristics, so investments can be targeted appropriately.</p>
answering member constituency South Suffolk more like this
answering member printed James Cartlidge more like this
question first answered
less than 2022-12-21T10:33:58.453Zmore like thisremove minimum value filter
answering member
4519
label Biography information for James Cartlidge more like this
tabling member
4131
label Biography information for Jim Shannon more like this