How to make Labour’s National Wealth Fund work

Labour’s plans for growth include the creation of a National Wealth Fund. A closer look at the proposals reveals that this is not like other Sovereign Wealth Funds, but is in fact more like a Green Investment Bank, meant to channel investments and funding into infrastructure required to reach net-zero. Neil Lee and Cassandra Chong look at other successful green banks and distil four lessons that Labour can learn from them.