Statement on creation of a Green Investment Bank
25 May 2011
Secretary of State for Business, Innovation and Skills, Vince Cable, made a statement to the House of Commons on Tuesday 24 May on Government plans to establish a 'Green' Investment Bank.
The plans involved creating a bank dedicated to the greening of the economy through investment in such green enegry enterprises as transport, waste infrastructure, decarbonised electricity and low-emission cars.
Shadow Secretary of State for Business, Innovation and Skills, John Denham, repsonded on behalf of the Opposition.
Watch and read the statement and the views expressed by MPs, on Parliament TV and in Commons Hansard.
- Video and audio: Green Investment Bank
- Commons Hansard: Green Investment Bank
- Topics: Energy and environment
Oral statements are made after Question Time (or at 11am on a Friday). Statements normally relate to matters of policy or government actions. At the end of a statement, MPs can respond or question the government minister on its contents.