SNIB Missions

 

About the Inquiry

The role of the Scottish National Investment Bank (SNIB) is to make long-term investments with the aim of boosting the economy.

Its missions are intended to focus on addressing key challenges and creating long-term economic growth. 

These aim to support:

  • the just transition to net zero emissions by 2045
  • creating opportunities and reducing inequalities
  • harnessing innovation in response to demographic challenges

Evidence

We sought your views on the Proposal to Set Missions for the Scottish National Investment Bank, published on 28 August 2020.

The timeframe to consider the proposal was limited, the document having been laid in the Scottish Parliament for consultation for 40 days.

Read the Call for Written Views

Written Submissions

Report

The Committee wrote to the Cabinet Secretary for Economy, Fair Work and Culture on 27 October 2020 with its response to the proposal.

On 21 November 2020 the Cabinet Secretary for the Economy, Fair Work and Culture wrote to the Committee regarding the launch of the Scottish National Investment Bank.

 
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