The Board had the opportunity to speak to Tata Steel executives about their plans for decarbonisation, and how they would support those employees, communities and businesses who would be affected by the recent announcement.
The Board also received updates from the sub-groups on the plans and priorities for the coming months. 

• People, Skills and Business - chaired by Anne Jessopp CBE
• Place and Regeneration - chaired by Sarah Williams-Gardener

This included plans to develop a Local Economic Action Plan to inform and advise future Transition Board interventions. 

The Transition Board will have access to up to £100 million of funding (£80 million from the UK government and £20 million from Tata Steel) to invest in skills and regeneration programmes for the local area once the outcome of formal consultation is known.

The Board and associated funding will focus on:

• Immediate support for the people, businesses and communities directly affected by the proposed transition to low-CO₂  steelmaking at Port Talbot; and 
• A plan for local regeneration and economic growth for the next decade.

The board:

Chair:
David TC Davies, Secretary of State for Wales

Deputy Chairs:
Vaughan Gething, Minister for the Economy of Wales, and Michael Gove, Secretary of State for Levelling Up

UK Government:
Nusrat Ghani, Minister of State at the Department for Business and Trade;

Tata Steel:
Henrik Adam, Chair of Tata Steel UK; Rajesh Nair, Chief Executive Officer of Tata Steel UK

Neath Port Talbot County Borough Council: 
Karen Jones, CEO
Cllr Steve Hunt, Leader

Member of parliament:
Stephen Kinnock, MP for Aberavon

Member of the Senedd:
David Rees, MS for Aberavon.

Independent business members: 
Anne Jessopp CBE, Royal Mint; Sarah Williams-Gardener, FinTech Wales; and
Katherine Bennett CBE.

Representatives from the trade unions attend as observers. 

The next meeting of the Transition Board will be held in March