Concerns raised about role of Green Investment BankTaken from: Offshore Wind Journal September 2012
In April 2010 the UK government committed £3 billion in start-up finance for the Green Investment Bank (GIB), followed in May 2011 with the publication of a high-level business model and early sector focus for the GIB on offshore wind, efficiency and waste investments.
A GIB advisory group, chaired by Sir Adrian Montague, was appointed to help advise on the set-up and strategic direction of the bank, which will become fully operational once state aid clearance has been given.
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