The environmental role of the Green Investment Bank, after it is privatised, is to be protected by a so-called “golden share”. UK Business Secretary Sajid Javid has conceded there should be a block on any move away from funding green projects. Unusually, the government is setting up an independent company to control that veto power. The move is designed to ensure that there is a clear break from any government controls.
BBC 2nd Feb 2016 read more »