The Green Investment Bank (GIB) is committed to addressing the very serious issue of the ever growing demands on the planet's natural resources and building a strong and sustainable legacy for future generations.
In order to meet this green challenge there are ambitious and legally binding targets which the UK must meet. These are set out in the Kyoto Protocol, the 2008 Climate Change Act and the Energy Bill of 2012. Building green infrastructure and financing the projects to support this will be fundamental in meeting the targets including:
- a reduction in greenhouse gas emissions of 34% by 2020 and at least 80% by 2050
- 15% of all energy consumed generated from green sources by 2020, and
- "reduction in waste" to landfill