GREEN INVESTMENT BANK AND EDINBURGH

Early day motion 800, tabled 12 October 2010 by Michael Crockart (Liberal Democrat). Signed by 18 members.

That this House notes the barriers obstructing vital investment in the development and deployment of low-carbon technology; further notes the need for Government action to meet carbon emission targets and help the transition to a low-carbon economy; welcomes the findings of the Green Investment Bank Commission's report that proposed the establishment of a fully independent, accountable Green Investment Bank (GIB) to overcome difficulties of low carbon investment, working as part of overall Government policy; applauds the commitment from all sides of the House to the establishment of the GIB; further notes Scotland's enormous potential for low carbon industry, harnessing tidal, wave and wind energy; and believes that any such bank should be based in Edinburgh, a city already renowned for its financial services generally and experience in green investment in particular.

Signatures by party: Labour 10, Liberal Democrat 5, DUP 1, Scottish National Party 1, Social Democratic and Labour Party 1.