Ministers urged to create a 'green bank'

By Michael Burton | 03 July 2020

Ministers have been urged to create a Green Bank to fund climate change investment as part of the Government’s multi-billion pound infrastructure investment programme announced earlier this week.

Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics said: ‘We really need a national investment bank. It can have a very powerful effect, help bring down the cost of capital, and allow the private sector to come in.’

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