Amendment 1

Part of UK Infrastructure Bank Bill [HL] - Report – in the House of Lords at 3:30 pm on 4 July 2022.

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Baroness Hayman:

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 by supporting efforts to meet the targets and improvement plans under Chapter 1 of Part 1 of the Environment Act 2021,”Member's explanatory statementThis amendment clarifies that the Bank’s objective to help tackle climate change includes mitigation of climate change, adaptation to climate change, and the protection and restoration of the UK’s natural capital.