The Invest-to-save Scheme

Part of 1. Questions to the Minister for Finance and Local Government – in the Senedd at 2:10 pm on 9 March 2022.

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Photo of Paul Davies Paul Davies Conservative 2:10, 9 March 2022

Minister, I was very privileged to sit on the Finance Committee when it considered the invest-to-save scheme back in 2013, and Members universally recognised the merits of the scheme in helping to deliver better value for money for our public services.

Now, as we look forward, it's absolutely crucial that projects that receive invest-to-save funding achieve efficiency savings in the long term, and so, Minister, building on the question asked by the Member for Swansea East, can you tell us what the Welsh Government is doing to test the effectiveness of completed projects and to assess the effectiveness of the invest-to-save scheme more widely, to make sure that lessons are actually learned for the future?