The Green Investment Bank moves a step closer(12/12/2011)
The establishment of the Green Investment Bank (GIB) has moved a step closer as BIS publishes the criteria for deciding where it will be based and what its first priorities will be until 2016. The GIB is intended to accelerate private sector investment in the UK’s transition to a green economy. Offshore wind power generation, commercial and industrial waste processing and recycling, energy from waste generation, non-domestic energy efficiency and support for the Green Deal will be priorities.