Question reference: S5W-31252
- Asked by: Maurice Golden, MSP for West Scotland, Scottish Conservative and Unionist Party
- Date lodged: 17 August 2020
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Current status: Answered by Fiona Hyslop on 24 August 2020
Question
To ask the Scottish Government when the Scottish National Investment Bank will (a) open and (b) be ready to make investments.
Answer
We are on track to establish the Scottish National Investment Bank later this year. We will capitalise the Bank with £2 billion over ten years, with a primary mission to support the transition to net zero carbon emissions. Work is underway to identify and develop a pipeline of investment propositions in which the Bank could invest, and we will shortly consult on the Scottish Government’s proposed missions for the Bank.