UK green bank shields environmental aims with new structure
Britain's Green Investment Bank said it will create a "special share" structure whereby an independent company will have to consent to any changes to its environmental aims. The UK government created the bank at the end of 2012 as a commercial venture to back Britain's green energy projects and encourage private sector investment. Each of the bank's investments must meet one of its aims, which include reducing greenhouse gas emissions, improving the efficiency of natural resource use, protecting
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