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UK Infrastructure Bank Bill [HL]

Committee stage

Session 2022-23

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Amendments are listed in order of page and line number, irrespective of marshalling. For marshalled lists, return to the bill page and click publications.

Total results 70 (page 1 of 4)

After Clause 1, insert the following new Clause—

“Regulation

Baroness Noakes
Conservative, Life peer
Amendment number: 1

Clause 2, page 1, line 9, at end insert—

“(2A) The statement must also outline how the Bank will, when carrying out its activities, balance the objectives under subsection (3), to ensure its activities do not cause environmental harm.”

Lord Tunnicliffe
Labour, Life peer
Sponsor Baroness Hayman
Amendment number: 2

Clause 2, page 1, line 11, leave out from “change” to end of line 13 and insert “and biodiversity loss, including by—

(i) supporting efforts to meet the target for 2050 set out in section 1 of the Climate Change Act 2008 (the target for 2050), or

Lord Tunnicliffe
Labour, Life peer
Amendment number: 3

Clause 2, page 1, line 12, at end insert “and

(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,

Baroness Hayman
Crossbench, Life peer
Sponsors Lord Bourne of Aberystwyth, Baroness Young of Old Scone, Lord McDonald of Salford
Amendment number: 4

Clause 2, page 1, line 14, leave out paragraph (b) and insert—

“(b) to help increase biodiversity, the growth of nature and the provision of nature based solutions, including by supporting actions to meet environmental targets and environmental improvement plans originating from Part 1, Chapter 1 of the Environment Act 2021,

Lord Teverson
Liberal Democrat, Life peer
Sponsor Baroness Kramer
Amendment number: 5

Clause 2, page 1, line 14, leave out paragraph (b) and insert—

“(b) to reduce geographical inequality through supporting regional and local economic growth in areas of economic disadvantage.”

Lord Ravensdale
Crossbench, Excepted Hereditary
Amendment number: 6

Clause 2, page 1, line 14, leave out paragraph (b) and insert—

“(b) to improve the life outcomes of people in disadvantaged areas.”

Baroness Bennett of Manor Castle
Green Party, Life peer
Amendment number: 7

Clause 2, page 1, line 14, at end insert “, with a specific focus on the creation of jobs”

Lord Tunnicliffe
Labour, Life peer
Amendment number: 8

Clause 2, page 1, line 14, at end insert—

“(c) to help close the productivity gap between the different regions of the United Kingdom.”

Amendment number: 9

Clause 2, page 1, line 14, at end insert—

“(c) to reduce to sustainable levels the United Kingdom's use of natural resources and emissions of non-greenhouse pollutants, and

Baroness Bennett of Manor Castle
Green Party, Life peer
Amendment number: 10

Clause 2, page 1, line 17, at end insert “including the nation’s housing, commercial, industrial and public building stock for the purposes of improving energy efficiency,”

Lord Teverson
Liberal Democrat, Life peer
Sponsor Baroness Kramer
Amendment number: 11

Clause 2, page 1, line 22, at end insert—

“(4A) In carrying out its activities under subsection (4), the Bank must ensure that its activities are undertaken only where there is an undersupply of private sector financing in respect of those activities.”

Baroness Noakes
Conservative, Life peer
Amendment number: 12

Clause 2, page 1, line 22, at end insert—

“(4A) The Bank must not act in relation to a project under subsection (4)(a) to (c) if the project relates to infrastructure that is not inclusive by design.

Lord Holmes of Richmond
Conservative, Life peer
Amendment number: 13

Clause 2, page 1, line 22, at end insert—

“(4A) In carrying out its activities under subsection (4) the Bank must ensure that its activities are undertaken in compliance with the following Operating Principles—

Lord Vaux of Harrowden
Crossbench, Excepted Hereditary
Sponsor Baroness Kramer
Amendment number: 14

Clause 2, page 1, line 23, after “technologies” insert “, nature-based solutions”

Lord Holmes of Richmond
Conservative, Life peer
Amendment number: 15

Clause 2, page 1, line 24, leave out paragraph (a) and insert—

“(a) provision and conservation of water, renewable electricity, telecommunications, sewerage and other services (including the provision of heat from environmentally friendly sources), and security and health of food supplies,”

Baroness Bennett of Manor Castle
Green Party, Life peer
Amendment number: 16

Clause 2, page 1, line 25, after “including” insert “energy efficiency measures and”

Baroness Hayman
Crossbench, Life peer
Sponsors Lord Bourne of Aberystwyth, Baroness Young of Old Scone, Lord McDonald of Salford
Amendment number: 17

Clause 2, page 2, line 1, leave out “roads or other forms of” and insert “and other forms of mass”

Baroness Bennett of Manor Castle
Green Party, Life peer
Amendment number: 18

Clause 2, page 2, line 2, at end insert—

“(ba) energy efficiency and energy security,”

Lord Holmes of Richmond
Conservative, Life peer
Amendment number: 19

Clause 2, page 2, line 4, at end insert “, the circular economy, and protection of the natural environment.”

Lord Tunnicliffe
Labour, Life peer
Amendment number: 20
Total results 70 (page 1 of 4)