Macquarie vows to invest £3bn through Green Investment Bank

Madeleine Cuff
clock • 6 min read

Promise comes as sale of GIB to Australian bank is confirmed

The future owner of the Green Investment Bank (GIB) has pledged to invest at least £3bn in low carbon projects over the next three years, following news it has agreed a deal to acquire the bank from the...

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 Investment

RLAM adopts 'sustainability focus' label across £11bn investment portfolio range

RLAM adopts 'sustainability focus' label across £11bn investment portfolio range

Royal London Asset Management said the label would give 'reassurance to clients regarding he high standards of sustainability practices embedded in our funds'

Cristian Angeloni
clock 25 April 2025 • 1 min read
Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Ethical bank slams NZBA's decision to offer members more leeway in how they meet climate goals

Michael Holder
clock 15 April 2025 • 6 min read
Net Zero Banking Alliance votes 'overwhelmingly' to loosen requirements for meeting climate goals

Net Zero Banking Alliance votes 'overwhelmingly' to loosen requirements for meeting climate goals

Decision to 'water down' standards at 120-strong global banking group criticised as short-sighted by campaigners

Michael Holder
clock 15 April 2025 • 5 min read