Question to the Department for Transport:
To ask the Secretary of State for Transport, what assessment has he has made of the role of the National Infrastructure Bank in decarbonising the rail network.
A core objective of the new UK Infrastructure Bank will be to tackle climate change, and in particular to support the transition to net zero by 2050. The Bank will focus on the economic infrastructure sectors covered by the National Infrastructure Strategy, which includes transport, and will make case-by-case assessments on the merits of individual projects.
As the Bank is established, my department will work with HM Treasury to assess its role in supporting rail decarbonisation.