National Infrastructure Bank (2) – crowding in post-pandemic

As anticipated in our blog on 14 December 2020, the Treasury has provided further detail on the UK’s new national infrastructure bank (the “Bank”) following the Spring 2021 Budget. The Leeds-based Bank has been given two core policy objectives: To help tackle climate change and help the UK meet its net zero emissions target by … Read more

Green finance and innovation – point 10 of the UK Government’s Ten Point Plan

In the final limb of its Ten Point Plan (the Plan), the Government acknowledges the significant investment required to achieve net zero through the developments and innovations elsewhere in the Plan. It seeks to leverage public and private sources of financing, increasing investment in research and development (R&D) while cultivating a green finance sector, including … Read more

National Infrastructure Bank – a new (and improved) Green Investment Bank?

Following hot on the heels of the Prime Minister’s 10 point plan for a green industrial revolution, the UK government has released its National Infrastructure Strategy. One of the flagship policies heralded in this paper is a new UK infrastructure bank. The government hopes the new bank will catalyse economic growth, bring geographic balance to … Read more

UK Government announces plan for a Green Industrial Revolution

Today the Prime Minister Boris Johnson has set out the Government’s ten point plan for what it is calling the green industrial revolution. This is part of the blueprint for the UK to meet the legally-binding target to produce net zero carbon emissions by 2050. The ten points of the plan are: Offshore wind – … Read more