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Green Investment Bank

March 2023

  • A wind turbine at Pakefield, Suffolk, England.

    ‘Half-baked, half-hearted’: critics deride UK’s long-awaited climate strategy

    UK’s 1,000-page plan criticised as doing ‘little to boost energy security, lower bills or meet climate goals’

September 2021

  • Ed Davey

    Britain’s energy crisis has been years in the making, thanks to the Conservatives

    Ed Davey
    Since 2015 policies to insulate Britain’s homes and diversify our energy supply have stalled, says Lib Dem leader Ed Davey

November 2020

  • Nils Pratley

    Nils Pratley on finance
    The green bank went south; let's hope Sunak's new version succeeds

    Nils Pratley
    Can the government value the proposed national infrastructure bank – given the last one did make a profit before its sell-off?

July 2020

  • Parents and children hold handmade wind turbines, creating a wind farm, in Parliament Square before  a march to Downing Street to call for a green economic recovery.

    The Guardian view on the green recovery: Britain is being left behind

  • a Greenpeace protest outs up a road sign map pointing to green recovery in all directions from parliament square

    The green recovery
    UK government planning new green investment bank

July 2019

  • Richard Partington

    To ensure a green future the UK cannot rely on free markets alone

    Richard Partington
    The scale of the climate emergency requires nothing less than full government engagement

January 2019

  • An engineer fits solar panels to a house in Wales

    Let’s make 2019 the year of a green new deal

    Letters: Richard Murphy and Colin Hines suggest a number of ways that revenue could be raised to fund energy efficiency in all buildings, renewables and local transport systems

August 2018

  • Tessa Tennant managed massive amounts of institutional money on socially and environmentally responsible lines.

    Tessa Tennant obituary

    Key player in the world of green finance who co-founded the Merlin Ecology Fund

May 2018

  • A windfarm protest on the Isle of Lewis, Scotland.

    UK must secure billions in investment to meet climate targets, MPs warn

    Influential committee says collapse in low-carbon investment is endangering jobs and threatening climate commitments

March 2018

  • Nils Pratley

    Nils Pratley on finance
    Green Investment Bank: why did ministers dodge the real problem?

    Nils Pratley
  • Cheyne Court wind farm on Romney Marsh, Kent

    Green Investment Bank sell-off process 'deeply regrettable', say MPs

December 2017

  • The first turbine at the £1.3bn Rampion windfarm

    Green Investment Bank sold too cheaply, watchdog says

    National Audit Office report puts Macquarie deal at low end of valuation with extra tens of millions lost from rejection of phased sale option

August 2017

  • Wind turbines in Scotland

    Government faces fresh criticism over Green Investment Bank sell-off

    Lib Dem leader Vince Cable questions UK’s commitment to environmental projects after GIB sale to Australian bank Macquarie

April 2017

  • Nils Pratley

    Nils Pratley on finance
    Green Investment Bank sell-off: only time will tell how green it is

    Nils Pratley
    The government has secured green ‘commitments’ after the £2.3bn sale. In reality it has secured only ‘good intentions’
  • Cheyne Court windfarm on Romney Marsh

    Green Investment Bank sell-off described as a disaster by critics

    Greenpeace says £2.3bn sale to controversial Australian bank Maquarie risks climate targets, while Lib Dems say bank was sold too fast and too cheap
  • A wind turbine in front of solar panels

    Green Investment Bank to be sold off in £2.3bn deal

    Bank expected to retain offices in London and Edinburgh, as bid from Australia’s Macquarie accepted despite opposition

March 2017

  • The Green Investment Bank has ploughed money into in myriad sustainable energy schemes, including windfarms and energy-saving street lights.

    Green Investment Bank sell-off racks up at least £1m in fees

  • The Green Investment Bank has ploughed billions into green energy.

    Green Investment Bank: rival bidder launches legal challenge to sale

February 2017

  • Cheyne Court Wind Farm on Romney Marsh, Kent, partially funded by the Green Investment Bank.

    Green Investment Bank: Australian bidder woos MPs as protests continue

    Macquarie insists it is committed to renewable energy – but critics say it could invest in fossil fuels if its bid succeeds

January 2017

  • Offshore wind turbines

    Green Investment Bank’s assets must be protected

    Letters: It makes no sense to sell it off, least of all to a company with Macquarie’s record of buying assets, stripping them, paying itself huge dividends and selling off what’s left
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