Green Investment Bank
(asked on 18th March 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, by what date does he plan to grant the Green Investment Bank powers to borrow from the private capital markets.
This question was answered on 26th March 2015
The Green Investment Bank (GIB) has a budget of £3.8bn and there is no immediate need for the bank to borrow.
As set out in ‘investing in Britain’s future’, the GIB has the power to borrow from the NLF if desired.