Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Kevin Brennan on 2016-01-27.

To ask the Secretary of State for Business, Innovation and Skills, what plans his Department has to ensure that a privatised Green Investment Bank will work to open major new investment options for investors in the UK’s low carbon economy while making a material contribution to decarbonisation.

Anna Soubry

Details of why the Government believes moving UK Green Investment Bank plc (GIB) into private ownership represents the best way to enable the company to deliver its ambitious green business plan and have a greater impact on green investment while minimising burdens on the UK taxpayer are provided in our November 2015 policy statement on the future of GIB and are further set out in the Government’s response to the Environmental Audit Committee’s report on the future of GIB which was laid in Parliament on 2 February. Both documents can be found on the GIB pages of the GOV.UK website.