Infrastructure Funding and Finance Debate
On Thursday 8th July the All Party Group met to hear from expert speakers on the subject of funding and financing the future infrastructure requirements of the United Kingdom.
The All Party Parliamentary Group on Infrastructure (APPGI) brought together representatives from professional institutions, academia, industry and business last week, to discuss the scale of the UK infrastructure funding challenge and the priorities for investment.
Infrastructure funding has risen on the political agenda over the last year, alongside growing recognition that extensive and reliable infrastructure will play a key part in underpinning a rebalanced and low carbon economy. Parties from across the political spectrum have responded proposing different ways of unlocking large volumes of private capital, some in line with ICE’s own proposal for a National Infrastructure Investment Bank. The new coalition Government has recently set out it’s commitment to a Green Investment Bank (GIB), with further details to be announced after October’s Comprehensive Spending Review.
The group heard from Ingrid Holmes, Programme Leader Low Carbon Finance at E3G and Member of Advisory Panel to Green Investment Bank Commission (GIBC); Simon Grubb – Head of Strategic Development, Interserve Plc and Member of the ICE State of the Nation: Infrastructure 2010 Steering Group; Darryl Murphy, Associate Partner - Global Infrastructure, KPMG and Terry Morgan, Chairman, Crossrail
A note of the speakers presentations and the discussion which followed can be found here.