Presidential-Roundtable-Summary-What-should-the-scope-and-priorities-be-of-the-new-UK-Infrastructure-Bank

Presidential Roundtable Summary: What should the scope and priorities be of the new UK Infrastructure Bank? May 2021 The UK Infrastructure Bank (UKIB) enters the infrastructure policy landscape at a time of significant change in how we identify, prioritise, finance, fund and deliver a transition in the UK’s infrastructure system towards achieving the Sustainable Development Goals and the Paris Cli. [...] We were delighted to have Chris Grigg, Chair of the UKIB, and Matthew Vickerstaff, Deputy CEO at the Infrastructure Projects Authority and Head of Government’s Project Finance Profession, leading us to discuss the scope and priorities for the new Bank. [...] Our discussion highlighted a real opportunity for the UKIB, as the new kid on the block, to take a significant leadership role in driving change at pace and scale on both the SDGs and infrastructure system decarbonisation. [...] Our discussion centred around the following questions: • How should the Bank prioritise and manage trade-offs? For example, between investing in climate mitigation on the one hand and ‘levelling-up’ and the post-Covid recovery on the other? • What role should the Bank play in areas where the risk to revenue return is high? For example, investing in greener aviation fuels despite conventional jet f. [...] The role of the UKIB is to play its part in helping the infrastructure system solve underlying social, economic and environmental challenges.