Global Trade Alert
Global Trade Alert

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

Announcement

18 Oct 2012

In October 2012, the British government announced a change in private-sector financial support.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

18 Oct 2012

Revocation date:

21 May 2014

Updated: 18 Oct 2012
State loan

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 eco...

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