2014 Report details for project: Green Investment Bank

Project name: Green Investment Bank - there are 2 reports for this project: 2013, 2014
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Organisation: BIS (D3) - see all reports for this organisation
Report year: 2014 (data is from Sept 2013)
Category: Transformation - see all reports for this category
Description: To build a green investment bank, to accelerate a transition to a green economy, by engaging in activities which the company’s board considers will, or are likely to, facilitate the development or expansion of businesses; enterprises; industries; infrastructure; projects or technologies which, in the opinion of the board of the company, have an environmentally beneficial objective, such as facilitating the reduction in greenhouse gases; improving resource efficiency or protecting and enhancing the natural environment.
DCA (RAG): Green
DCA text: GIB became fully operational in October 2012 following receipt of state aid approval. It has since made commitments of £1.3bn, and mobilised more than three times that amount in private capital.
Start date: 2010-06-01
End date: 2012-09-01
Schedule text: No departmental narrative
Baseline: £0.00m
Forecast: £0.00m
Variance: 0.00%
Variance text: No departmental narrative
Whole Life Cost: £278.00m
WLCost text: No departmental narrative
Sourcefile: IPA_2014.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.