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Chamber and committees

Green Investment Bank

  • Submitted by: Sarah Boyack, Lothian, Scottish Labour.
  • Date lodged: Monday, 12 March 2012
  • Motion reference: S4M-02277
  • Current status: Taken in the Chamber on Thursday, 22 March 2012

That the Parliament welcomes the announcement that the first ever UK Green Investment Bank (GIB) will have its headquarters based in Edinburgh; considers that the city of Edinburgh is ideally suited to deliver the key objectives of the GIB, which aims to encourage and stimulate investment in low-carbon technologies;  further considers that the green, financial and research sectors of the capital are already well established and that the decision will strengthen the links between the financial centres of Edinburgh and London;  believes that the GIB provides an ideal opportunity to put great momentum behind the green revolution and to build strong relationships with industries across Scotland, the UK and beyond; further believes that the announcement clearly showcases the strengths of Edinburgh and also the potential for the green industry to grow significantly and bring a great boost for jobs, and congratulates what it considers the sheer hard work and determination of the Edinburgh Chamber of Commerce, which it sees as a successful driving force behind the bid.


Supported by: Jackie Baillie, Claudia Beamish, Malcolm Chisholm, Kezia Dugdale, Helen Eadie, Linda Fabiani, Patricia Ferguson, Neil Findlay, Rhoda Grant, Iain Gray, Mark Griffin, Hugh Henry, James Kelly, Ken Macintosh, Mike MacKenzie, Jenny Marra, Liam McArthur, Margaret McDougall, Anne McTaggart, Elaine Murray, John Park, John Pentland, Richard Simpson, Drew Smith