The United Kingdom’s National Wealth Fund has published a new strategic plan with the goal of driving more than £100 billion ($137 billion) into the companies, infrastructure and supply chains that will enable growth in the U.K. economy throughout the next five years.
The National Wealth Fund plans to unlock clean energy-growth opportunities by accelerating investment into the most critical projects, technologies and industries that enable decarbonization. It also plans to accelerate place-based investment across all four nations of the United Kingdom by providing financing and expert advice to regionally significant projects through the Regional Project Accelerator and investing in the enabling infrastructure to support regional growth. In addition, the National Wealth Fund has committed to strengthening sovereign and strategic capabilities by investing in growth opportunities underpinning the United Kingdom’s national security, enabling U.K. leadership in industries su