Lords consideration of Commons amendments. Commons amendments 1 and 2 agreed to. Commons amendment 3 disagreed to and amendment 3B in lieu agreed to. Commons amendments 4 to 11 agreed to. Bill returned to the Commons with an amendment.

Lords consideration of Commons amendments. Commons amendments 1 and 2 agreed to. Commons amendment 3 disagreed to and amendment 3B in lieu agreed to. Commons amendments 4 to 11 agreed to. Bill returned to the Commons with an amendment.

Moved by

Baroness Penn

Moved by

Baroness Penn

My Lords, with the leave of the House, I shall speak also to the other amendments and that in the name of the noble Baroness, Lady Hayman.

I start with Commons Amendment 2. As was noted in the other place, the Government agree that the bank will make it a stipulation...

My Lords, with the leave of the House, I shall speak also to the other amendments and that in the name of the noble Baroness, Lady Hayman.

I start with Commons Amendment 2. As was noted in the other place, the Government agree that the bank will make it a stipulation...

I declare my interest as co-chair of Peers for the Planet and rise to speak to my Motion 3A, which as the Minister said would reintroduce nature-based solutions into the definition of infrastructure in which the UK Infrastructure Bank may invest.

We had some very helpful conversations after Report and the...

I declare my interest as co-chair of Peers for the Planet and rise to speak to my Motion 3A, which as the Minister said would reintroduce nature-based solutions into the definition of infrastructure in which the UK Infrastructure Bank may invest.

We had some very helpful conversations after Report and the...

I support the noble Baroness, Lady Hayman, in her proposed amendment and congratulate her on her tenacity in pursuing this issue. She has achieved something notable, and I thank her very much indeed. Account being taken of nature-based solutions improves the Bill and, on that basis, I also congratulate the...

I support the noble Baroness, Lady Hayman, in her proposed amendment and congratulate her on her tenacity in pursuing this issue. She has achieved something notable, and I thank her very much indeed. Account being taken of nature-based solutions improves the Bill and, on that basis, I also congratulate the...

My Lords, I join in the congratulations to the noble Baroness, Lady Hayman, who is both a force for nature and a force of nature in your Lordships’ House. I thank everyone else who has joined in getting this progress on nature-based solutions, although we should not look at those...

My Lords, I join in the congratulations to the noble Baroness, Lady Hayman, who is both a force for nature and a force of nature in your Lordships’ House. I thank everyone else who has joined in getting this progress on nature-based solutions, although we should not look at those...

My Lords, I wanted to thank the Government and to associate myself with the words of the noble Baroness, Lady Hayman. I thank them for their constructive engagement, which has allowed us to reach a satisfactory conclusion.

However, I thank the Government for listening in relation to a couple of other...

My Lords, I wanted to thank the Government and to associate myself with the words of the noble Baroness, Lady Hayman. I thank them for their constructive engagement, which has allowed us to reach a satisfactory conclusion.

However, I thank the Government for listening in relation to a couple of other...

My Lords, I have to admit, although I should not, that when I saw the Bill appear on Forthcoming Business I thought that it had received Royal Assent about a year ago, that it had gone and that everyone was happy. Clearly, the other place was not quite happy, so...

My Lords, I have to admit, although I should not, that when I saw the Bill appear on Forthcoming Business I thought that it had received Royal Assent about a year ago, that it had gone and that everyone was happy. Clearly, the other place was not quite happy, so...

My Lords, I thank the Minister, both for her introduction today and for a helpful briefing held last week. When your Lordships’ House considered the Bill in the first half of last year, we were told that passing it should be a mere formality. The UK Infrastructure Bank was already...

My Lords, I thank the Minister, both for her introduction today and for a helpful briefing held last week. When your Lordships’ House considered the Bill in the first half of last year, we were told that passing it should be a mere formality. The UK Infrastructure Bank was already...

My Lords, the Bill is mercifully short, so I shall also keep my remarks brief. I thank all noble Lords who have spoken today and who contributed when we took the Bill through its substantive stages in this House a while back. I reassure them that the time it has...

My Lords, the Bill is mercifully short, so I shall also keep my remarks brief. I thank all noble Lords who have spoken today and who contributed when we took the Bill through its substantive stages in this House a while back. I reassure them that the time it has...

Moved by

Baroness Penn

Moved by

Baroness Penn

Moved by

Baroness Hayman

Moved by

Baroness Hayman

Moved by

Baroness Penn

Moved by

Baroness Penn

The UK Infrastructure Bank Bill 2022-23 would put the UK Infrastructure Bank on a statutory footing and clarify its powers to lend to local government.

The UK Infrastructure Bank Bill 2022-23 would put the UK Infrastructure Bank on a statutory footing and clarify its powers to lend to local government.

I. Letter dated 28/11/2022 from Andrew Griffith MP to colleagues regarding questions raised during the Committee stage of the UK Infrastructure Bank Bill: statutory reviews, rate of return target, additionality, deals to date. 4p. II. Letter dated 26/01/2023 from Andrew Griffith MP to the Deposited Papers Clerk regarding a document for deposit in the House libraries. 1p.

I. Letter dated 28/11/2022 from Andrew Griffith MP to colleagues regarding questions raised during the Committee stage of the UK Infrastructure Bank Bill: statutory reviews, rate of return target, additionality, deals to date. 4p. II. Letter dated 26/01/2023 from Andrew Griffith MP to the Deposited Papers Clerk regarding a document...

Letter dated 26/01/2023 from Andrew Griffith MP to colleagues regarding an update on the UK Infrastructure Bank (UKIB) Bill, ahead of Report Stage: UK Infrastructure Bank’s progress, statutory reviews, devolution. 2p.

Letter dated 26/01/2023 from Andrew Griffith MP to colleagues regarding an update on the UK Infrastructure Bank (UKIB) Bill, ahead of Report Stage: UK Infrastructure Bank’s progress, statutory reviews, devolution. 2p.

Amendment 23 to clause 9 negatived on division (6 to 10). Amendment 21 to clause 9 negatived on division (6 to 10). Amendment 22 to clause 9 negatived on division (6 to 10). Clauses 9 to 11 agreed to, with clauses 10 and 11 agreed to as amended. New clause 1 (Businesses and bodies the Bank invests in) negatived on division (6 to 10). Bill, as amended, to be reported (Bill 199). Written evidence reported to the House.

Amendment 23 to clause 9 negatived on division (6 to 10). Amendment 21 to clause 9 negatived on division (6 to 10). Amendment 22 to clause 9 negatived on division (6 to 10). Clauses 9 to 11 agreed to, with clauses 10 and 11 agreed to as amended. New clause...

Moved by

Baroness Hayman

1: Clause 2, page 1, line 12, at end insert—

“(ii) to adapt to any current or predicted impacts of climate change identified in the most recent report under section 56 of the Climate Change Act 2008, and

(iii) to protect, enhance and restore the United Kingdom’s natural capital, including...

Moved by

Baroness Hayman

1: Clause 2, page 1, line 12, at end insert—

“(ii) to adapt to any current or predicted impacts of climate change identified in the most recent report under section 56 of the Climate Change Act 2008, and

(iii) to protect, enhance and restore the United Kingdom’s natural capital, including...

My Lords, I declare my interest as a director and co-chair of Peers for the Planet.

I thank the Minister for the constructive dialogue that has taken place throughout the passage of the Bill, including the meeting with the bank’s chair and chief executive last week to discuss their new strategic...

My Lords, I declare my interest as a director and co-chair of Peers for the Planet.

I thank the Minister for the constructive dialogue that has taken place throughout the passage of the Bill, including the meeting with the bank’s chair and chief executive last week to discuss their new strategic...

My Lords, I am pleased to follow the noble Baroness, Lady Hayman. I also welcome the Minister’s and the Government’s change of mind, if you like, on including energy efficiency specifically in the Bill. We all know that the International Energy Agency cried out about developed nations not doing anything...

My Lords, I am pleased to follow the noble Baroness, Lady Hayman. I also welcome the Minister’s and the Government’s change of mind, if you like, on including energy efficiency specifically in the Bill. We all know that the International Energy Agency cried out about developed nations not doing anything...