DEFINITION: The financial institution was created by the UK Government in November 2012 to invest in green projects on commercial terms and mobilise other private sector capital into the UK's green economy. The GIB has invested £2.7bn in more than 85 UK green infrastructure projects, ranging across wind energy, biomass and energy-from-waste (EfW) facilities. In April 2017, the UK Government completed the sale of the GIB to Australian investment bank Macquarie today (20 April) for a sum of £2.3bn.
Green Investment Bank (GIB)
How could a no-deal Brexit affect the UK's low-carbon energy transition?
As the Brexit deadline looms and Ministers struggle to take a no-deal option off the table, leading energy and policy experts have argued that leaving the EU without a deal would considerably increase the price of the UK's low-carbon transition.
Development bank investments could halt emissions rises in developing nations, report finds
By funnelling concessional finance into renewable energy and battery storage projects in developing nations, development finance institutions could halt the rate of emissions growth across such countries altogether.
Clean200: Low-carbon corporate investments outperforming those in fossil fuels
By investing in low-carbon products and renewable energy procurement, 200 of the world's largest corporates have continued to deliver strong returns against stock market averages, despite global political, social and economic tensions.
Battersea Power Station to come back online as a low-carbon energy hub
London's iconic Battersea Power Station is set to start producing energy again in 2020 - 38 years after the last coal-fired power generation facilities at the site were decommissioned.
Green Investment Group funnels £1.6bn into clean energy projects
The Green Investment Group made or arranged £1.6bn of investments in clean energy projects in the 12-months following its privatisation, according to the company's first annual progress report.
Report: Clean energy stocks no longer outpacing fossil fuel investments
Clean energy investments by 200 of the world's leading corporations have underperformed compared to fossil fuel energy stocks over the past year and a half, new figures have revealed.
The £1bn opportunity: How new Government funding could spur the low-carbon transition
After the Government announced that it will pour £1bn of funding into innovative research and development projects across the UK, edie explores five areas of the green economy which could use a funding boost if the nation is to reach future carbon targets.
Is renewable energy just a 'passing trend' for businesses?
Despite the strong progress that the business world has made in driving the renewables revolution in recent months, a new survey of 1,000 UK-based utility decision makers has revealed that more than a quarter (27%) believe that renewable energy is "just a passing trend".
Government 'coasting on climate change' after fall in clean energy investment
Members of the Environmental Audit Committee (EAC) have criticised the Government for "relying on past successes" towards tackling climate change, after a damning report revealed that clean energy investment in the UK fell by 56% last year.
From the UK to Vietnam: Five things you probably didn’t know about global renewables investment
Global investment into renewable energy for the first six months of 2018 is down 1% compared to the previous year, according to a Bloomberg New Energy Finance (BNEF) report. Here, edie dives into the data to bring you five of the most important trends shaping the world market.
UK to host new Green Finance Institute
The Government will fund a new Green Finance Institute alongside the City of London Corporation to "champion sustainable finance" in the UK and abroad.
How to produce an engaging sustainability report: Seven steps to success
Sustainability reporting has evolved from a niche practice to a mainstream aspect of corporate governance. The modern sustainability report is a vital tool to ENGAGE with shareholders, employees, stakeholders and, increasingly, consumers.
Ambition into action: Scaling-up your energy and resources strategy
This one-hour webinar will hear from the leading businesses and experts that are reaching the ‘climate turning point’ by scaling-up efforts to drastically reduce energy and resource use through net-zero targets and strategies.
Walmart partners with HSBC to launch green finance programme for suppliers
As part of a partnership with HSBC, US-based retail giant Walmart has developed a green finance initiative that rewards suppliers for setting, meeting or exceeding ambitious sustainability aims.
The World Bank accused of dodging 'no-coal' pledge by funnelling billions of dollars into fossil fuels
A large-scale study on hundreds of active energy projects commissioned by The World Bank Group has concluded that the body is currently financing $21bn of fossil fuel projects, compared to $7bn in the renewables sector.
Starbucks and Hubbub launch joint fund championing coffee cup recycling programmes
Environmental charity Hubbub has today (11 April) launched a new funding initiative aimed at helping local authorities and other organisations launch or scale-up coffee cup recycling schemes, after receiving funding to launch the scheme from Starbucks.
Accelerating the rEVolution: 7 business innovations in e-mobility
This insight report, produced in partnership with UK Power Networks Services, investigates some of the game-changing developments which are driving e- mobility and accelerating the sector forward into the next decade.
edie Explains: Streamlined Energy and Carbon Reporting (SECR)
What is the Streamlined Energy and Carbon Reporting (SECR) framework? What do businesses need to know about this new piece of legislation? And what compliance issues will arise from the new framework? This free edie Explains guide gives you everything you need to know.
Fresh £25m round of clean bus funding for local authorities
New funding from Government has been offered to 14 local authorities as part of the Clean Bus Technology Fund.
Business Energy Barometer: April-May 2019
edie's brand-new Business Energy Barometer report maps out the key energy drivers, challenges and opportunities facing UK businesses, based on an in-depth survey of energy managers across the country.
Energy Catapult launches SME support for low carbon heating and cooling
A new programme has been launched by the government's Energy Systems Catapult centre to assist small and medium sized businesses (SME) develop low carbon heating and cooling.
BlackRock steps up ESG drive with six new low-carbon funds
The world's largest asset manager BlackRock has launched new exchange-traded funds (ETFs) that screen out exposure to "controversial" sectors, improve environmental social and governance (ESG) scores and offer a reduced carbon emissions intensity of 30%.
Government urged to rethink road taxation policy to spur EV uptake
Motoring tax needs a rethink if it is going to be fit for the twenty first century and the increase in electric vehicles (EVs), according to the British Vehicle Rental and Leasing Association (BVRLA).
Lords raise concerns over environmental protections under "no deal" Brexit
A Lords committee has written to Environment Secretary Michael Gove to raise concerns about the protection of environmental standards after Brexit.
Swansea tidal lagoon plan revived - without government funding
The backers of a pioneering project to harness energy from the tides off the Welsh coast have rebooted the scheme and believe they can build it without the help of government.
London Mayor unveils van scrappage scheme for small businesses
London Mayor Sadiq Khan has today (18 December) unveiled plans for a new £23m van scrappage scheme, aimed at helping small business owners switch from old diesel vehicles to low-carbon alternatives.
10 ideas to drive forward your energy behaviour change strategy
This report showcases the output of edie's SPARK! event, where roundable participants shared experiences of staff engagement and behaviour change initiatives and techniques, while also exploring practical steps that businesses can implement to overcome barriers and foster the desired behaviours amongst staff.
edie Explains: Energy storage
How does energy storage work? What are the business benefits of commercial battery systems? And how can they interact with other onsite energy technologies? This free edie Explains guide gives you everything you need to know.
Sustainability Leaders Awards 2019: Meet the finalists
After a record-breaking year of entries, the judges have convened, decisions have been made and edie is proud to unveil the well-deserved finalists for the 2019 Sustainability Leaders Awards. This report outlines the who's who of sustainability excellence.
edie Explains: Onsite generation
Is onsite energy generation right for your business? What are the technology options and how do you choose the right one? This edie explains business guide, produced in association with Centrica Business Solutions, has the answers.
Abundance Investment targets new shareholders to accelerate green project financing
Peer-to-peer finance platform Abundance Investment looks set to accelerate demand for environmental and social projects across the UK, by increasing its number of small shareholders 10-fold.
Big-name businesses jointly pledge $500,000 to spur action on SDGs
A group of nine corporations, including oil and gas giant BP and professional services firm Deloitte, have collectively pledged to invest $500,000 into projects which aim to accelerate global progress on one or more on the UN's 17 Sustainable Development Goals (SDGs).
UK Government to invest £26m in tackling modern slavery in Asia
The Government has announced that it will invest £26m into a string of initiatives aimed at combatting modern slavery and child labour across six Asian countries.
Mission Possible: Achieving a sustainable future for RETAIL
The second in our brand-new sector insight report series provides an in-depth exploration of the steps that sustainability and energy professionals within Britain's retail industry can take to achieve a sustainable future, today.
UK mayors call for Theresa May to deliver 'tough and urgent' action on air pollution
The leaders of 17 UK cities including London, Greater Manchester and Liverpool have made a joint call for Prime Minister Theresa May to take "tough and urgent action" to reduce the nation's air pollution levels.
edie Explains: Science-based targets
This brand new edie Explains guide breaks down everything you need to know about adopting and implementing science-based targets for your organisation.
Tax havens shielding companies responsible for deforestation and overfishing
Money channelled through secretive tax havens has been used to fuel deforestation in the Amazon and illegal fishing around the world, racking up a heavy environmental toll but leaving few ways for businesses to be held to account.
Government and transport industry launch £20m fund for low-carbon innovations
The UK Government and Advanced Propulsion Centre (APC) have announced that the next phase of their joint £1bn investment aimed at spurring the development of low-carbon vehicle technologies will open next week.
edie Explains: Onsite solar
What is onsite solar and how could it work for a business? What are the business benefits from installing onsite solar? And what considerations and funding opportunities need to be examined to build the business case? This free edie Explains guide gives you everything you need to know.
McDonald's joins Starbucks to fund new coffee cup innovations
McDonald's has committed £3.8m ($5m) to help research, develop and commercialise recyclable and compostable coffee cups, joining Starbucks as a founding member of the NextGen Cup Consortium and Challenge.
UK’s climate fund to support developing nations reaches £4bn
The UK has mobilised more than £4bn in public and private funding towards tackling climate-related challenges in developing countries since 2011, reducing or avoiding more than 10 million tonnes of greenhouse gas (GHG) emissions as a result, according to new Government figures.
London Mayor launches £500m energy efficiency fund for businesses
The Mayor of London, Sadiq Khan, has today (July 9) launched a £500m fund to help SMEs, universities and public-sector organisations across the capital install energy efficiency measures in their buildings as part of his bid for London to become a "zero-carbon" city by 2050.
CityTrees and electric bin lorries: the best green innovations for Clean Air Day
To mark Clean Air Day (21 June), edie has rounded up some of the ground-breaking innovations being explored by companies across the globe as we look to tackle the dangers of air pollution.
C&A Foundation commits more than £1m to circular fashion innovations
C&A Foundation, the corporate foundation affiliated with global fashion retailer C&A, will invest more than £1m (€1.29m) in a string of initiatives aimed at accelerating the industry's transition to a circular economy.
£5m Lottery grant to help FareShare divert 25,000 tonnes of food from landfill annually
Food redistribution charity FareShare claims that the £5m of National Lottery funding it has been awarded this week will enable it to almost double the amount of food it redistributes and diverts from landfill.