The Treasury intends the Bank to be a “long-lasting institution” providing financing for infrastructure projects well into the future.21 This label echoes the Green Investment Bank’s status as an “enduring institution,” which was subsequently sold to the private sector five years after its creation. In our 2017 report The sale of the Green Investment Bank we found that the term ‘enduring institution’ had little meaning in practice, and insufficient protections were put in place to prevent it from being sold.22