2nd Report - The Future of the Green Investment Bank
- HC No.
- HC 536
- Published
- 19 Dec 2015
- Items
- 0
- Response
- Response document linked Read government response ↗
Select Committee · Environmental Audit Committee
Future of the Green Investment Bank inquiry
Status: Closed
Opened: 15 Oct 2015
Closed: 29 Feb 2016
1 report
Inquiry scope
Government response to Environmental Audit Committee report 'The Future of the Green Investment Bank' Report: The Future of the Green Investment Bank Report: The Future of the Green Investment Bank (PDF 379.54 KB) The Green Investment Bank (GIB) launched in November 2012 as a fully government-owned institution with the aim of unlocking private investment in low-carbon and green sectors. In June 2015, the Secretary of State for Business, Innovation and Skills announced that GIB would be moved into private ownership, arguing that this would allow it to operate in a wider range of green sectors and to finance more projects. The GIB itself argues that capital from the UK Government will not be sufficient to sustain its level of investment in the future, and so welcomes the move. Some green groups and think tanks have been critical of the plan, warning that it will undermine the GIB's ability to meet its goals and that it will damage confidence in low-carbon sector investment more generally. Terms of reference: Future of the Green Investment BankReports
Oral evidence sessions
On smaller screens, scroll horizontally to read every column. Keyboard users can focus the table region and use the arrow keys.
Correspondence
On smaller screens, scroll horizontally to read every column. Keyboard users can focus the table region and use the arrow keys.
| Published | Direction | Letter |
|---|---|---|
| 15 Dec 2015 | — | Chair to Anna Soubry MP, Minister for Small Business, Industry and Enterprise, on the Green Investment Bank |