Iain Wright – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Iain Wright on 2014-06-11.

To ask the Secretary of State for Business, Innovation and Skills, with reference to the Written Statement of 11 June 2014, Official Report, column 47WS, on UK Green Investment Bank, whether funds additional to the £3.87 billion allocated to the UK International Climate Fund will be provided to the (a) Bank and (b) Fund.

Michael Fallon

No. The total amount of funding allocated to the International Climate Fund remains unchanged. The proposal being explored is that the Green Investment Bank would help the Department for Energy and Climate Change (DECC) to invest a limited amount of those funds.