The role of the Bank of England and the UK Infrastructure Bank in supporting the net zero transition
On Tuesday 17 May, the Economic Affairs Committee holds its next evidence sessions on UK energy supply and investment.
At 3pm, the Committee will hear from Sarah Breeden, Executive Director, Financial Stability Strategy and Risk, Bank of England.
At 4pm, the Committee will hear from John Flint, Chief Executive, UK Infrastructure Bank and Chris Grigg, Chair, UK Infrastructure Bank.
Questions the committee is likely to cover in these sessions include:
- How do the Bank and regulators see their role in supporting the Government’s net zero policy?
- In what ways might the Bank of England use green stress tests to create policy?
- Could the stigmatisation of fossil fuel investment cause any risks to financial stability?
- How will the Infrastructure Bank work alongside private investors, central & local Governments and other public bodies?
- What are the main challenges in energy supply and storage?
- To what extent should the Infrastructure Bank take risks in supporting nascent technologies?
- What policies or interventions should the Government make to encourage investment in the energy transition?
- What are the lessons learnt from the establishment of the Canadian Infrastructure Bank?
Meeting details
The committee’s work can be followed on its website and via Twitter.
The committee’s UK energy supply and investment inquiry is finding out if the Government’s energy strategy is delivering investment in an energy supply that is resilient, affordable and in line with achieving net zero emissions. The focus of this inquiry is on long-term energy policy and trends in the energy market.
These evidence sessions will be streamed live on Parliament TV.