Green Investment Bank passes 5bn
The UK Green Investment Bank reports that is has helped over 200 communities by mobilising more than £5bn in green investment as it celebrates its two year anniversary.
Since October 2013, UK Green Investment Bank has committed to investing £1.6bn of its own capital in 37 low carbon projects. Every £1 invested by UK GIB has been matched by more than £3 from the private sector.
Prime minister David Cameron said: “Under this government, as part of our long-term economic plan to back business, create more jobs and secure a brighter future for Britain, we have become one of the best places for green investment anywhere in the world – and the Green Investment Bank has played an instrumental role in this.
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