Green Investment Bank was created to finance renewable energy and low carbon projects. The bank will raise equity for green investing in wind turbine farms, smart grids and other such renewable energy projects. The GIB is on the green technologies that are available a growing number of jobs and associated companies are focused offer in the UK. The UK is behind its international rivals, and must act quickly. Green investment bank could be the answer to the needs of the UK?
Pro – Green technology and services market amounted to over 3 billion per year. Currently the UK has only about 5% share of this market. Germany and France have twice the market share of the UK. Brazil has a half-million new jobs in the promotion of ethanol, green, and almost a quarter of a million in Germany, which are created in the field of green investing. Green Investment Bank will help the British economy to recover, and help the UK move towards a low carbon economy and fulfill its responsibilities to the Kyoto Protocol. » Read more: Pros and Cons of the Green Investment Bank
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