Speeches by Yang.

“So you are saying that it is not just about the amount of capital being deployed but about the management and whether they are in the community and speaking to investors? It is really about the running of the bank and the service it provides outside of investment.”

“Mr Kumar spoke about there still being a gap in financing, despite the capitalisation of the National Wealth Fund, at just under £30 billion, for the carbon transition and the other challenges that our economy faces. Does the panel have any advice for increasing the fund’s leverage ratio without having to increase the …”

“I have a question about the difference, when spending on something like R&D and innovation, between departmental spending and the spending of this arm’s length body, the National Wealth Fund, which is still broadly in line with the Government’s strategic aims. Does anyone on the panel want to speak to the important dif…”

“One last question on this theme. Mr Spiers, you mentioned that, on the one hand, there is the negative impact—the unintended consequences—of other National Wealth Fund activity on nature. The conversation on natural capital investments that are more beneficial is about investing in nature services can support the overa…”

“How would you like to see the National Wealth Fund take those issues into account?”

“For listeners who are not familiar with the terms, Mr Spiers, could you break down by what you mean by natural capital and nature markets? Could you give some examples of tangible benefits that the National Wealth Fund could create by investing in those areas?”

“I have a few questions on the theme of natural capital. One of the top questions I get when I go to primary school assemblies is about what the Government are doing to preserve nature. I also hear that from my constituents, who live by, walk along and enjoy the Thames and its various waterways. Mr Spiers, could you bre…”

“I want to go back to the theme that you raised, Mr Davidson, about the current layout being too complicated, with too many different inroads and not really a one-stop shop or portal that could make things simpler. From our panel of academics earlier, we heard about the importance of the National Wealth Fund institution…”

“Is there a clear economic shield in the current policy for the National Wealth Fund, if it makes bad bets?”

“I want to go back to the question about risk appetite. It seems to be something that many on this Committee are concerned about—that the National Wealth Fund will have a sufficient risk appetite, rather than simply delivering things the private sector could already deliver. How much of this comes down to institutional …”

“I would welcome you to visit our local tech and biotech companies in Reading.”

“So you are saying that it is not just about the amount of capital being deployed but about the management and whether they are in the community and speaking to investors? It is really about the running of the bank and the service it provides outside of investment.”

“Mr Kumar spoke about there still being a gap in financing, despite the capitalisation of the National Wealth Fund, at just under £30 billion, for the carbon transition and the other challenges that our economy faces. Does the panel have any advice for increasing the fund’s leverage ratio without having to increase the …”

“I have a question about the difference, when spending on something like R&D and innovation, between departmental spending and the spending of this arm’s length body, the National Wealth Fund, which is still broadly in line with the Government’s strategic aims. Does anyone on the panel want to speak to the important dif…”

“Is there a clear economic shield in the current policy for the National Wealth Fund, if it makes bad bets?”

“I want to go back to the theme that you raised, Mr Davidson, about the current layout being too complicated, with too many different inroads and not really a one-stop shop or portal that could make things simpler. From our panel of academics earlier, we heard about the importance of the National Wealth Fund institution…”

“I have a few questions on the theme of natural capital. One of the top questions I get when I go to primary school assemblies is about what the Government are doing to preserve nature. I also hear that from my constituents, who live by, walk along and enjoy the Thames and its various waterways. Mr Spiers, could you bre…”

“For listeners who are not familiar with the terms, Mr Spiers, could you break down by what you mean by natural capital and nature markets? Could you give some examples of tangible benefits that the National Wealth Fund could create by investing in those areas?”

“How would you like to see the National Wealth Fund take those issues into account?”

“One last question on this theme. Mr Spiers, you mentioned that, on the one hand, there is the negative impact—the unintended consequences—of other National Wealth Fund activity on nature. The conversation on natural capital investments that are more beneficial is about investing in nature services can support the overa…”