The Green Investment Bank

The Green Investment Bank PDF

Author: Great Britain: Parliament: House of Commons: Environmental Audit Committee

Publisher: The Stationery Office

Published: 2011-03-11

Total Pages: 226

ISBN-13: 9780215556813

DOWNLOAD EBOOK →

This report warns that the UK could lose out on hundreds of billions of pounds of vital investment in green energy projects if the Government waters down its plans for a Green Investment Bank. The Coalition Agreement promised to establish a Green Investment Bank and the Chancellor pledged £1 billion to capitalise it in the Spending Review, plus unspecified proceeds from the sale of government assets. But there have been reports of disagreement within Government as to whether it should be a fully fledged investment 'bank' able to borrow money and raise further capital or simply a 'fund'. If the Office for National Statistics (ONS) classifies the Bank as 'public sector' its borrowing could appear on the Government's balance sheet and so undermine its deficit reduction strategy. Evidence presented to the Environmental Audit Committee by energy companies, NGOs and financial institutions suggests that between £200 billion and £1 trillion of private sector investment is needed over the next 10-20 years if the UK is to meet its climate change and renewable energy targets. But traditional sources of private sector capital are only likely deliver £50-£80 billion of investment in green infrastructure by 2025 - leaving the UK with a massive investment shortfall. The report argues that establishing a proper Investment Bank is crucial in order to lever in the unprecedented levels of private sector investment needed. The Committee concludes that, as a priority, the Bank should concentrate on new fledgling environmental investment where the market has yet to be established.

Green Finance and Investment Green Investment Banks Scaling up Private Investment in Low-carbon, Climate-resilient Infrastructure

Green Finance and Investment Green Investment Banks Scaling up Private Investment in Low-carbon, Climate-resilient Infrastructure PDF

Author: OECD

Publisher: OECD Publishing

Published: 2016-05-31

Total Pages: 122

ISBN-13: 926424512X

DOWNLOAD EBOOK →

This report provides the first comprehensive study of publically capitalised green investment banks (GIBs), analysing the rationales, mandates and financing activities of this relatively new category of public financial institution that aims to accelerate the transition to a low-carbon economy.

Industry 4.0

Industry 4.0 PDF

Author: Elena B. Zavyalova

Publisher: Springer Nature

Published: 2022-02-10

Total Pages: 497

ISBN-13: 3030794962

DOWNLOAD EBOOK →

This book presents a scientific view of fighting climate change in the economy of the future, the foundations of which are being set around the world. The authors substantiate the potential of Industry 4.0 in stimulating sustainable development in environmental protection and preservation of natural resources. This book considers the modern experience of fighting climate change based on possibilities of Industry 4.0 at the national scale in view of developed and developing countries with a special focus on Russia and at the corporate scale by the example of transnational corporations. It determines the future contribution of Industry 4.0 into development of responsible production and consumption, and compiles the “outlines” of “green” economy in Industry 4.0. It offers recommendations for control of climate change in Industry 4.0, and presents the authors’ vision of ecological responsibility in Industry 4.0 for implementing the sustainable development goals. This book will be of interest to academics and practitioners interested in climate change and development of Industry 4.0, as well contributing to a national economic policy for fighting climate change and corporate strategies of sustainable development in Industry 4.0.

Handbook of Green Finance

Handbook of Green Finance PDF

Author: Jeffrey D. Sachs

Publisher: Springer

Published: 2019-07-12

Total Pages: 0

ISBN-13: 9789811302268

DOWNLOAD EBOOK →

This handbook deals with various financial instruments, policies, and strategies in a policy-oriented approach for financing green energy projects. Recently, global investment in renewables and energy efficiency has declined, and there is a risk that it will slow further, Clearly, fossil fuels still dominate energy investments. This trend could threaten the expansion of green energy needed to meet energy security, climate, and clean-air goals. Several developed and developing economies are still following pro-coal energy policies. The extra CO2 generated from new coal-fired power plants could more than eliminate any reductions in emissions made by other nations. Finance is the engine of development of infrastructural projects, including energy projects. By providing several thematic and country chapters, this handbook explains that if we plan to achieve sustainable development goals, we need to create opportunities for new green projects and scale up the financing of investments that furnish environmental benefits. New financial instruments and policies such as green bonds, green banks, carbon market instruments, fiscal policy, green central banking, fintech, and community-based green funds are among the chief components that make up green finance. Naoyuki Yoshino is Dean, Asian Development Bank Institute and Professor Emeritus, Keio University. Jeffery Sachs is Director, Center for Sustainable Development at Columbia University. Wing Thye Woo is Professor of Economics, U.C. Davis. Farhad Taghizadeh-Hesary is Assistant Professor, Waseda University.

Principles of Green Banking

Principles of Green Banking PDF

Author: Suborna Barua

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2020-08-10

Total Pages: 162

ISBN-13: 3110664313

DOWNLOAD EBOOK →

Environmental sustainability is perhaps the key societal challenge of our times. Achieving it will require a significant level of financing and investment, and here the role of the banking industry is fundamental. Banks can play a broader and far-reaching role by adopting environmental concerns in their internal and external business operations. Principles of Green Banking is a comprehensive account of the different aspects of green banking and offers theories and principles as well as practical how-to guidelines to adopt green banking practices. This book discusses why green banking is central to achieving sustainable development. It illustrates the evolution of green banking around the world, different types of environmental risks created by firms and how these risks offer threats to sustain ability, and ongoing trends and patterns of green banking practice. Critically, it also presents an outline of the regulatory framework necessary to help the entire banking sector adapt to the change towards green banking. It is a valuable resource for financial sector professionals and scholars in the fields of sustainable finance and banking.

Green Banking

Green Banking PDF

Author: Jörg Böttcher

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2020-07-20

Total Pages: 732

ISBN-13: 3110607883

DOWNLOAD EBOOK →

Green Banking is the first guide encompassing all the disciplines necessary to realize renewable energy projects. This book focuses on cost-competitive and mature technologies, and on the processes enabling to develop, finance and execute such utility-scale projects. The book starts with the aspects relevant for every form of renewable energy. It covers essential themes such as the role of renewables amid a changing energy world, the importance of the regulatory regime, its social acceptance and bankability criteria, to name only a few. Chapters describe project financings vehicles for a range of renewable energy technologies including solar photovoltaic power plants, onshore wind farms and offshore wind farms. The book give readers a unique perspective on how renewable energy projects are realized, and is a go-to reference manual for understanding how the different project stakeholders act. All of the articles are provided by authors with an ample experience in renewable energies and many years experience. This book is especially useful for people working in this industry or students willing to get better knowledge out of their field of experience.

The Future of the Green Investment Bank

The Future of the Green Investment Bank PDF

Author: Great Britain. Parliament. House of Commons. Environmental Audit Committee

Publisher:

Published: 2015-12-19

Total Pages: 30

ISBN-13: 9780215088215

DOWNLOAD EBOOK →

In this report we examine the Government's plans to move the Green Investment Bank (GIB) into the private sector. We have focussed our attention on three areas: the process surrounding the decision, the actions required to ensure GIB's unique position in the green economy, and the Government's future involvement in the Bank. Whilst we recognise there are potential benefits resulting from an injection of capital, we found that the Government has taken the decision to privatise GIB without due transparency, publication of relevant evidence, consultation, or proper consideration of alternatives. The absence of these steps is likely to lead to the suspicion that the move and its timing are not evidence-based policy. Before proceeding with the sale, the Government must publish a business case and all impact assessments related to the sale. The Government should provide an evaluation of whether a "phased approach" involving alternative recapitalisation options would be possible. This could allow for greater consultation, transparency and market testing on the form of any eventual privatisation