Now it's in private hands, will the Green Investment Bank hold onto its green mission?

Madeleine Cuff
clock • 6 min read

Its new owners Macquarie insist it has a plan to use the bank to invest heavily in pioneering green infrastructure, but plenty are still suspicious of the sale

The sale of the Green Investment Bank was one of the most controversial privatisation processes in recent history. It's unclear whether the government ever quite convinced the public of its necessity,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Legislation

'This is about economic stability as much as climate ambition': Business leaders welcome King's Speech

'This is about economic stability as much as climate ambition': Business leaders welcome King's Speech

Business groups and campaigners broadly welcome plans for new Energy Independence Bill, but activists lament limited action on nature recovery

James Murray
clock 13 May 2026 • 12 min read
King's Speech: Government confirms plan for Energy Independence Bill

King's Speech: Government confirms plan for Energy Independence Bill

King Charles pledges that government will 'remain a leading advocate for tackling climate change and achieving a world free from poverty'

James Murray
clock 13 May 2026 • 6 min read
Why the Industrial Accelerator Act is a quiet setback for Europe's steel and competitiveness

Why the Industrial Accelerator Act is a quiet setback for Europe's steel and competitiveness

Without a credible label for low-emissions steel, the EU risks losing out on the economic opportunities on offer as global decarbonisation trends accelerate, writes Responsible Steel CEO Annie Heaton

Annie Heaton, Responsible Steel
clock 21 April 2026 • 4 min read