Chief Executives and other senior figures from major UK investment institutions, representing over £500 bn(1) in assets under management, have written together to the Prime Minister welcoming the creation of a UK Green Investment Bank.
The seven senior executives highlight the significant investment needed in low carbon infrastructure in the UK and express interest in considering future investments in the Bank’s securities. They say that a Green Investment Bank “could play an important role to enable and accelerate this major low carbon investment”.
The initiative was convened by UKSIF, the sustainable investment and finance association.
(1) At 30 June 2010 or later
Read the full press release.
Read the UKSIF Green Investment Bank Investor Letter.