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Scottish National Investment Bank
The Scottish National Investment Bank is a Scottish state-owned investment and national development bank based in Edinburgh, Scotland. Although referred to as a bank, it does not do normal banking operations nor accepts deposits. The bank uses public money to fund commercial projects across Scotland with the hope that this seed capital will encourage further private investment, to help develop a fairer, more sustainable economy. £2 Billion of taxpayers money is earmarked for the bank. The bank is a public corporation, with the only shareholder being the Scottish Government. It reports to the Cabinet Secretary for Finance and the Economy. History The bank was announced in September 2017 in the First Minister Nicola Sturgeon's 2017 Programme for Government. Benny Higgins was appointed as a strategic adviser, to oversee the organisation launching. In February 2018 an implementation plan was launched. The Scottish National Investment Bank Act 2020 was passed by Parliament on ...
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Scottish usually refers to something of, from, or related to Scotland, including: *Scottish Gaelic, a Celtic Goidelic language of the Indo-European language family native to Scotland *Scottish English *Scottish national identity, the Scottish identity and common culture *Scottish people, a nation and ethnic group native to Scotland *Scots language, a West Germanic language spoken in lowland Scotland *Symphony No. 3 (Mendelssohn), a symphony by Felix Mendelssohn known as ''the Scottish'' See also *Scotch (other) *Scotland (other) *Scots (other) *Scottian (other) *Schottische The schottische is a partnered country dance that apparently originated in Bohemia. It was popular in Victorian era ballrooms as a part of the Bohemian folk-dance craze and left its traces in folk music of countries such as Argentina (" chotis" ... * {{disambiguation Language and nationality disambiguation pages ca:Escocès ...
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Scottish National Investment Bank Act 2020
The Scottish National Investment Bank Act 2020 is an Act of the Scottish Parliament which was passed by Parliament on 21 January 2020. The Act legally obliges Scottish Ministers to establish a National Investment Bank for Scotland as both a public body and a publicly limited company. The bank is to be independent of the Scottish Government. "Its primary goal is to help Scotland transition to net-zero carbon emissions, while supporting small and medium-size enterprises." The Bill was introduced by Cabinet Secretary for Finance, Derek Mackay MSP. The lead scrutinising committee was the Finance and Constitution Committee. The Bill received Royal assent on 25 February 2020, becoming an Act of the Scottish Parliament. The Scottish National Investment Bank The Scottish National Investment Bank is a Scottish state-owned investment and national development bank based in Edinburgh, Scotland. Although referred to as a bank, it does not do normal banking operations nor accepts de ...
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Woodland
A woodland () is, in the broad sense, land covered with trees, or in a narrow sense, synonymous with wood (or in the U.S., the '' plurale tantum'' woods), a low-density forest forming open habitats with plenty of sunlight and limited shade (see differences between British, American, and Australian English explained below). Woodlands may support an understory of shrubs and herbaceous plants including grasses. Woodland may form a transition to shrubland under drier conditions or during early stages of primary or secondary succession. Higher-density areas of trees with a largely closed canopy that provides extensive and nearly continuous shade are often referred to as forests. Extensive efforts by conservationist groups have been made to preserve woodlands from urbanization and agriculture. For example, the woodlands of Northwest Indiana have been preserved as part of the Indiana Dunes. Definitions United Kingdom ''Woodland'' is used in British woodland management t ...
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Building Insulation
Building insulation is any object in a building used as insulation for thermal management. While the majority of insulation in buildings is for thermal purposes, the term also applies to acoustic insulation, fire insulation, and impact insulation (e.g. for vibrations caused by industrial applications). Often an insulation material will be chosen for its ability to perform several of these functions at once. Insulation is an important economic and environmental investment for buildings. By installing insulation, buildings use less energy for heating and cooling and occupants experience less thermal variability. Retrofitting buildings with further insulation is an important climate change mitigation tactic, especially in geographies where energy production is carbon-intensive. Local and national governments and utilities often have a mix of incentives and regulations to encourage insulation efforts on new and renovated buildings as part of efficiency programs in order to ...
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Hemp
Hemp, or industrial hemp, is a botanical class of '' Cannabis sativa'' cultivars grown specifically for industrial or medicinal use. It can be used to make a wide range of products. Along with bamboo, hemp is among the fastest growing plants on Earth. It was also one of the first plants to be spun into usable fiber 50,000 years ago. It can be refined into a variety of commercial items, including paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed. Although chemotype I cannabis and hemp (types II, III, IV, V) are both ''Cannabis sativa'' and contain the psychoactive component tetrahydrocannabinol (THC), they represent distinct cultivar groups, typically with unique phytochemical compositions and uses. Hemp typically has lower concentrations of total THC and may have higher concentrations of cannabidiol (CBD), which potentially mitigates the psychoactive effects of THC. The legality of hemp varies widely among c ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion ...
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Internet Of Things
The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communications networks. Internet of things has been considered a misnomer because devices do not need to be connected to the public internet, they only need to be connected to a network and be individually addressable. The field has evolved due to the convergence of multiple technologies, including ubiquitous computing, commodity sensors, increasingly powerful embedded systems, as well as machine learning.Hu, J.; Niu, H.; Carrasco, J.; Lennox, B.; Arvin, F.,Fault-tolerant cooperative navigation of networked UAV swarms for forest fire monitoring Aerospace Science and Technology, 2022. Traditional fields of embedded systems, wireless sensor networks, control systems, automation (including home and building automation), independently ...
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Quantum Technology
Quantum technology is an Emerging technologies, emerging field of physics and engineering, encompassing technologies that rely on the properties of quantum mechanics, especially quantum entanglement, quantum superposition, and quantum tunnelling, quantum tunneling. Quantum computing, quantum sensor, sensors, quantum cryptography, cryptography, simulation, quantum metrology, measurement, and quantum imaging, imaging are all examples of emerging quantum technologies. The development of quantum technology also heavily impacts established fields such as space exploration. Secure communications Quantum secure communication is a method that is expected to be 'quantum safe' in the advent of quantum computing systems that could break current cryptography systems using methods such as Shor's algorithm. These methods include Quantum key distribution, quantum key distribution (QKD), a method of transmitting information using entangled light in a way that makes any interception of the tra ...
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Carbon Neutrality
Carbon neutrality is a state of net-zero carbon dioxide emissions. This can be achieved by balancing emissions of carbon dioxide with its removal (often through carbon offsetting) or by eliminating emissions from society (the transition to the "post-carbon economy"). The term is used in the context of carbon dioxide-releasing processes associated with transportation, energy production, agriculture, and industry. Although the term "carbon neutral" is used, a carbon footprint also includes other greenhouse gases, measured in terms of their carbon dioxide equivalence. The term climate-neutral reflects the broader inclusiveness of other greenhouse gases in climate change, even if CO2 is the most abundant. The term "net zero" is increasingly used to describe a broader and more comprehensive commitment to decarbonization and climate action, moving beyond carbon neutrality by including more activities under the scope of indirect emissions, and often including a science-based target ...
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Scotland’s National Strategy For Economic Transformation
Cabinet Secretary for Finance and the Economy, Kate Forbes, revealed the Scottish Government's 10 year economic plan called National Strategy for Economic Transformation (NSET) on 1 March 2022. This is the first strategic economic work the Scottish National Party administration had done since the publication of The Sustainable Growth Commission report in 2018. The main difference in this report was the focus on developing Scotland's economy whilst being part of the United Kingdom rather than becoming independent. Ms Forbes wanted to "deliver the best economic performance possible for Scotland within the current constitutional constraints." She identified the need for action because of Scotland's poor productivity and comparable low-levels of business start-ups. She said Scotland lagged behind the OECD average in terms of productivity, and boosting this could raise wages by 10%. The 56-page report described six programmes, 18 projects and 77 specific actions which would aim to im ...
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Coalition Government
A coalition government is a form of government in which political parties cooperate to form a government. The usual reason for such an arrangement is that no single party has achieved an absolute majority after an election, an atypical outcome in nations with majoritarian electoral systems, but common under proportional representation. A coalition government might also be created in a time of national difficulty or crisis (for example, during wartime or economic crisis) to give a government the high degree of perceived political legitimacy or collective identity, it can also play a role in diminishing internal political strife. In such times, parties have formed all-party coalitions ( national unity governments, grand coalitions). If a coalition collapses, the Prime Minister and cabinet may be ousted by a vote of no confidence, call snap elections, form a new majority coalition, or continue as a minority government. Coalition agreement In multi-party states, a coalition agr ...
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Scottish Greens
The Scottish Greens (also known as the Scottish Green Party; gd, Pàrtaidh Uaine na h-Alba ; sco, Scots Green Pairtie) are a green political party in Scotland. The party has seven MSPs in the Scottish Parliament as of May 2021. As of the 2022 local elections, the party sits on 13 of the 32 Scottish local councils, with a total of 35 councillors. They hold two ministerial posts in the third Sturgeon government following a power-sharing agreement with the SNP in August 2021, marking the first time Green party politicians will be in government in the UK. The Scottish Greens were created in 1990 when the former Green Party separated into two independent parties, representing Scotland and England and Wales. The party is affiliated to the Global Greens and the European Green Party. Party membership increased dramatically following the Scottish independence referendum, during which it supported Scotland's independence from the United Kingdom. Organisation The Scottish Greens ...
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