To ask the Secretary of State for Business, Innovation and Skills, if he will ensure that the Green Investment Bank continues to invest solely in the green economy after its privatisation.
Answered on
14 September 2015
Green investment is what the Green Investment Bank (GIB) does, using its specialist expertise in green sectors to identify good investment opportunities. The Government wants a privately owned GIB to continue this focus on green sectors - mobilising more private capital and further accelerating the transition to a green economy. Investors looking to buy a stake in the company will be doing so precisely because of its unique specialism in green investment.
Answered by
Department for Business, Innovation and Skills