{"id":981,"date":"2015-12-14T08:50:13","date_gmt":"2015-12-14T01:50:13","guid":{"rendered":"http:\/\/globalexpo.com.vn\/?p=981"},"modified":"2023-03-29T12:46:22","modified_gmt":"2023-03-29T05:46:22","slug":"gib-backs-10bn-green-projects-in-three-years","status":"publish","type":"post","link":"https:\/\/globalexpo.com.vn\/?p=981","title":{"rendered":"GIB Backs \u00a310bn Green Projects in Three Years"},"content":{"rendered":"

GIB Backs \u00a310bn Green Projects in Three Years<\/p>\n

GIB chief executive Shaun Kingsbury said since the bank was opened three years ago, it has worked with almost 100 co-investors to finance more than \u00a310 billion worth of green infrastructure in the UK.<\/p>\n

\u00a0\u201cWe operate as a specialist investor in a niche, but fast-growing area of financial services,\u201d he said. \u201cOur focused team of market experts has moulded a flexible and creative investment strategy that has played a major role in establishing a commercial market for green infrastructure investment in the UK.<\/p>\n

\u00a0\u201cOur experience offers important lessons for other countries looking to the private sector to help deliver their investment ambitions set out ahead of the Paris climate change conference.\u201d<\/p>\n

The bank has so far invested in projects ranging from a \u00a3306.5 million commitment to an offshore wind farm off the Brighton coast to a \u00a36.3 million Green Loan to finance the installation of 10,000 LED streetlights in Glasgow.<\/p>\n

\"GIB<\/p>\n

It has raised the UK\u2019s largest renewable energy fund, having secured commitments of \u00a3818 million for its offshore wind fund last month.<\/p>\n

And it is on the verge of announcing its first overseas investment which will see UK Climate Investments, its joint venture with the Department for Energy and Climate Change, invest up to \u00a3200 million in developing countries.<\/p>\n

Responding to the news, Scottish Renewables chief executive Niall Stuart said: \u201cIn the three short years of Green Investment Bank\u2019s existence it has become an important source of capital to the renewable energy sector and initiatives that have contributed to cutting carbon emissions and driving energy efficiencies in the Scottish economy.<\/p>\n

\u00a0\u201cWe hope to see this commitment in renewable heat and electricity in Scotland continue as the bank moves into its next important phase.\u201d<\/p>\n

Mai Linh (Edie) –\u00a0http:\/\/vneec.gov.vn<\/p>\n","protected":false},"excerpt":{"rendered":"

GIB Backs \u00a310bn Green Projects in Three Years GIB chief executive Shaun Kingsbury said since the bank was opened three years ago, it has worked with almost 100 co-investors to finance more than \u00a310 billion worth of green infrastructure in the UK.<\/p>\n","protected":false},"author":2,"featured_media":982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/posts\/981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=981"}],"version-history":[{"count":1,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/posts\/981\/revisions"}],"predecessor-version":[{"id":1815,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/posts\/981\/revisions\/1815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=\/wp\/v2\/media\/982"}],"wp:attachment":[{"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalexpo.com.vn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}