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The Scottish National Investment Bank will be formally established this year, at which point it will be able to make investments. The Bank will be operationally independent and will determine its own investments. The team establishing the Scottish National Investment Bank have made good progress developing a pipeline of potential investment opportunities for the Bank.

There are currently 37 members of staff in the team leading on establishment of the Scottish National Investment Bank. Recruitment for the Bank is ongoing. It is anticipated that there will be approximately 60 members of staff in the Scottish National Investment Bank by the end of its first year of operation. The Bank will assess its future recruitment needs on an ongoing basis.

Since creation of a national investment bank was announced in the September 2017 Programme for Government, the Scottish Government has spent £12.795 million in real terms (£12.725 million in nominal terms) to 31 March 2020 on the programme for delivery of the Scottish National Investment Bank. Work is continuing for delivery of the Bank this year and budget for this is included in the 2020-21 budget settlement.

Applications for funding through the Creative Communities programme are currently being assessed. Details of the successful projects and organisations, amount received, purpose and location will be made publicly available on the Inspiring Scotland website shortly.

The £12.5m Performing Arts Venue Relief Fund is being managed by Creative Scotland on behalf of Scottish Government.

The Fund comprises two strands; £7.5m targeted funding for performing arts venues in Scotland currently in receipt of Regular Funding through Creative Scotland, and a £5m open fund for not-for-profit performing arts venues that are not currently in receipt of Regular Funding.

On 5 August Creative Scotland announced that 20 regularly funded venues across Scotland will receive a total of £7.5m from the first strand of the Fund.

On 24 September Creative Scotland announced that 59 venues across Scotland will receive a total of £4.7m from the open call for applications to the second strand of the Fund.

The following tables sets out (a) the level of funding allocated to each organisation and (b) the latest information on the timing of delivery of these funds to each venue that has been awarded support from the Performing Arts Venue Relief Fund.

Industrial biotechnology sector data are not subject to standard industrial classification and official estimates of the turnover of the sector are not produced as part of the annual national accounts.

The most recent turnover estimate for the industrial biotechnology sector prepared by Scottish Enterprise was published in last year’s refresh of the National Plan for Industrial Biotechnology https://www.lifesciencesscotland.com/wp-content/uploads/2019/01/
National-Plan-for-IB-2019-PDF.pdf . The plan shows significant turnover growth from £189 million for 2012 to £357 million for 2017, and contains ambitious targets of a £900 million turnover and over 200 companies active in industrial biotechnology by 2025.

Scottish Enterprise collects turnover and projections data by a company survey every three years. This survey based approach will be repeated to coincide with the planned publication of the next plan in 2022.

This information is not held centrally as there is no specific standard industrial classification of economic activities (SIC) code for remanufacturing activities carried out in the UK or Scotland. Zero Waste Scotland published a report estimating Scottish remanufacturing activities in 2015: https://www.zerowastescotland.org.uk/RemanufacturingReport . A second, similar study is planned to provide comparable data but the timing of this is yet to be decided.

A study was undertaken in 2016 by Zero Waste Scotland to identify and prioritise categories of public sector procurement in terms of circular economy opportunities for reuse, repair and remanufacture which identified 13 products and services: https://www.zerowastescotland.org.uk/sites/default/files/Procuring%20for%20Repair%20-Re-use%20Reman%20Guide%20June%202016%20v3.pdf .

The Procurement Reform (Scotland) Act 2014 and the associated statutory guidance on the sustainable procurement duty sets out the Scottish Government’s framework for business-friendly, socially and environmentally responsible procurement. Specifically, the sustainable procurement duty requires public bodies to consider and act on opportunities to promote environmental well-being in the course of procurement activity.

The sustainable procurement duty is underpinned by sustainable procurement tools and both statutory and non-statutory guidance. These are updated on an ongoing basis in response to policy developments and emerging good practice and so it is not possible to identify all the changes that have been made since 2016. The guidance and tools are available online: www.sustainableprocurementtools.scot

Scottish Government officials currently take part in monthly meetings with officials from the UK, Northern Ireland and Wales governments to discuss producer responsibility. Scottish Ministers have also met twice with their counterparts in the other Governments to discuss deposit return schemes, a form of producer responsibility, since 2016.

Through regular dialogue and engagement at UK level, Scottish Ministers worked to ensure the UK position taken forward to EU negotiations properly reflected Scottish priorities, including in relation to the delivery of a more circular economy.

The Scottish Government supports those regulatory changes introduced by the EU to protect our finite natural resources and improve the way we manage products at end of life. We will shortly consult on the introduction of a market restriction on problematic single-use items as part of our efforts to implement the EU Single-Use Plastics Directive, while our ongoing efforts to reform the UK packaging producer responsibility system are a key response to the EU Circular Economy Package.

On 3 September, I met with Virginijus Sinkevicius, European Commissioner for Environment, Oceans and Fisheries, to discuss a number of matters including the EU Circular Economy Action Plan and forthcoming legislative agenda.