National Wealth Fund: Scotland
(asked on 26th October 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of a British Sovereign Wealth Fund on Scotland's economy.
This question was answered on 3rd November 2026
Established within the National Wealth Fund (NWF), the Energy Wealth Fund (EWF) will invest in renewable and low-carbon energy infrastructure projects across Scotland and the rest of the UK, helping to unlock growth and support the country’s transition to a low-carbon economy.
To support this, £2 billion for the EWF will be provided to the NWF. The EWF will be linked to the Government’s future revenues from the North Sea, ensuring investment in the energy transition.