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Use polluters’ cash to create a green bank (The Times) - 14 April 2010
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27 April 2010
Green Investing - Banking on the future (FT Adviser)- 27 April 2010
Fine shades of green (The Economist) - 27 April 2010
Green Investing - Banking on the future (FT Adviser) - 28 April 2010
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News & Events>CCC in the News>Green Investing: Banking on the future, FT Adviser
27 April 2010, FT Adviser
Green Investing - Banking on the future
When the chancellor confirmed the creation of a £2bn Green Investment Bank (GIB) - intended to support environmentally friendly energy and transport projects in the UK - in last month's Budget, the ethical investment sector had to sit up and listen.
"Given the excesses that led to the credit crunch and the current budget deficit, people are crying out for this longer-term and more sustainable approach to finance," said James Cameron, vice-chairman of Climate Change Capital. "The GIB would be independent of government, set up to transcend political cycles, with all of its profits reinvested for the public good."
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