Praise for Green Investment Bank plans

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Praise for Green Investment Bank plans

By Mark Pack | Sat 28th May 2011 - 4:58 pm

Follow @markpack

Sage Construction reports:

The Green Investment Bank is set to be a “transformational institution”, Transform UK [“the home of the Green Investment Bank campaign“] has claimed.

Following deputy prime minister Nick Clegg’s recent speech on the establishment, programme director for Transform UK Ed Matthew welcomed the news that investment opportunities will be open from April 2012.

However, he noted that there are a number of points that need to be addressed.

“The key thing is to have a process where they confirm that the bank will have the power to borrow from the capital markets and not just the treasury,” Mr Matthew commented.

You can read the full story here.

Read more by Mark Pack or more about environment, green investment bank or nick clegg.
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