Written Question·Treasury·UIN 8842

National Wealth Fund

Tabled: 14 October 2024
Answered: 22 October 2024

Question

Clive Lewis

LabourNorwich South

To ask the Chancellor of the Exchequer, whether the National Wealth Fund's statement of strategic priorities will include (a) meeting net zero targets and (b) the promotion of poverty reduction.

Answer

James Murray
The National Wealth Fund will operate at arm’s length from the government. The government will provide the National Wealth Fund with a new framework of investment principles and a statement of strategic priorities in the coming months.