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UK: Government-backed Green Investment Bank of £3bn

Description

On 18 October 2012, Vince Cable, the business secretary, announced the approval by the EC for the Green Investment Bank (GIB), "world's first investment bank solely dedicated to greening of the econom...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Oct 2012

Revocation date

21 May 2014

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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