Greenpeace Policy Director Joss Garman on the official launch of the Green Investment Bank:
“Greenpeace campaigned hard for the Green Investment bank, but what we’ve ended up with is a poor cousin.
"The bank should be able to borrow now, rather than waiting until after the next election. Given full borrowing powers, the bank could be a key vehicle to help tackle climate change and get us out of these tough economic times.
"As it is, this Government has kicked a fully-functioning green bank into the long grass, along with other big decisions like the removal of carbon from the power sector by 2030. Such procrastination is hurting investment, jeopardising jobs and stymieing growth.”
