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)
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.
Government launches £102m fund for clean energy research
The UK Government has launched a £102.5m investment programme in a bid to tackle the challenges the UK faces as the renewables revolution continues, suggesting that the nation's energy sector could soon be poised to take clean power sources mainstream.
MPs decry 'worrying collapse' of clean investment
MPs have called on the Government to secure low-carbon energy investment after a "dramatic and worrying collapse" since 2015.
Green Finance Taskforce outlines UK clean investment to-do list
The Government's green finance advisers have put forward a ten-point list of investment guidelines which they believe would accelerate the UK's global low-carbon leadership credentials.
Climate policies place $1.6trn fossil fuel costs at risk, report warns
Fossil fuel companies are exposed to $1.6trn in potential expenditure by basing business decisions on existing policies rather than international climate goals, while businesses committed to sourcing 100% renewable electricity will require $94bn to reach their goals.
New Year Honours 2018: Sustainability champions make Queen's list
The 2018 New Year Honours list has recognised the outstanding achievements of a number of senior figures across the UK's green economy.
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.
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.
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.
'From coal to clean' - UK does not need to turn to gas, says WWF
The UK has no need to build new large gas-fired power stations to replace the coal plants that the government has pledged to switch off by 2025, the World Wide Fund for Nature has argued.
Lloyds launches £2bn Clean Growth Finance scheme
Lloyds Banking Group has announced it will be providing a further £2bn of funding for sustainable investments, increasing its total UK green finance commitments to £3bn.
Subsidy cuts slow growth of independent renewables, report finds
Investment in new, independent renewable energy projects in the UK totalled £227m in 2017, down by almost 20% from 2016 figures, according to a new report published this week.
Ministers' £400m plan for electric car charging infrastructure delayed
A £400m government plan to build electric car charging points looks likely to be significantly delayed, in a blow to car manufacturers and efforts to tackle air pollution in UK cities.
WEBINAR: How to uncover savings and improve your operational performance through energy insight
Our expert panel will discuss how to use advanced energy insights to help you to uncover savings and improve your operational performance.
UK Government launches £220m Clean Air Fund
The UK Government has unveiled a £220m fund to improve air quality across the most polluted areas in the country, alongside a £40m support scheme for local authorities to combat air pollution.
NatWest delivers £3.5bn low-carbon lending in three years
Banking giant NatWest has pledged to deliver of £10bn lending to UK renewable energy and energy efficiency projects by 2020, having provided £3.5bn over the past three years.
London ranked as global leader in green finance movement
London has been ranked as the best financial hub in the world for green financing offerings, with a new report predicting that the market for green offers will grow "substantially in size and quality".
Energy storage investment fund to raise £100m on London Stock Exchange
The world's first listed investment fund targeting energy storage developers and projects is attempting to raise £100m after floating on the London Stock Exchange.
Greater Manchester launches £15m infrastructure renewables fund
The Greater Manchester Combined Authority has created a new £15m loan fund for property developers and infrastructure providers to increase uptake of renewable energy use on development projects.
Honda to play central role in V2G demonstrator project
Car giant Honda has teamed up with other firms, local bodies and academic institutions for a new project that aims to demonstrate the business case for Vehicle-to-Grid (V2G) technologies across the UK.
Scottish SMEs offered 'cashback' loan for energy-efficiency projects
Small businesses in Scotland have been encouraged to take advantage of a new "cashback" scheme that could enable them to cut annual energy usage by a quarter and save up to £10,000 in the process.
Santander invests £28.5m in UK battery storage firm
Banking firm Santander has become one of the first senior debt lenders to provide financial support to the energy storage sector, after backing an independent UK battery developer with a £28.5m funding investment.
World's largest automotive alliance launches $1bn fund for future driving innovations
The world's largest automotive alliance has today (10 January), announced a new corporate venture capital fund to provide up to $1bn in investment for innovative electrification, autonomous and connectivity projects.
Taking the lead on energy: 10 business examples of low-carbon innovation
The global energy system is undergoing a radical transition. Renewable energy costs are tumbling and new approaches to energy management such as battery storage and demand response are offering new ways for organisations to operate more sustainably.
edie Explains: Greening your fleet
What are the business benefits of transitioning to low-carbon vehicles? Which fuel types are the most efficient? And what role can technology play in changing driver behaviours? This free edie Explains guide provides everything you need to know when it comes to greening your fleet.
Barclays updates green bonds to capture 'compelling' economic opportunity
Barclays has signified its shift towards a low-carbon economy, by announcing a set of green finance products that will help promote sustainability in the UK and across the globe.
World Bank, major businesses and nations unite against coal funding
The One Planet Summit in Paris has signalled the beginning of the end for the coal industry, after the World Bank, numerous financial institutions and a group of nations and major businesses all pledged to phase out fossil fuel funding and use.