Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

Institution of Civil Engineers

24 May 2011 09:05:13

Engineers' response to Green Investment Bank announcement

Commenting on today’s Green Investment Bank announcement, Institution of Civil Engineers director general Tom Foulkes said: "The National Infrastructure Plan set out the need for £200bn to be invested in the nation's infrastructure over the next 5 years, and for over 70% to come from private investment. The structure of the GIB was always a real test of the government's commitment to securing this investment and despite its inability to borrow until 2015 and the relatively small start up fund, today’s announcement finally brings the idea of an independent, permanent institution to reality.

"It is vital that momentum is now not lost and that industry and investors alike have confidence in the bank. Government should appoint a figure with real credibility across the infrastructure and finance communities to drive forward progress and ensure the bank can grow and deliver as one of the core funding streams for our future infrastructure."

Discussion Thread  


Related Categories

Clicking a category below will direct you to a list of related information

Skip Navigation Links.

Institution of Civil Engineers Community

Linked Items From Institution of Civil Engineers

  1. Responding to the government's commitment yesterday to reducing carbon emissions by 50% on 1990...

    18 May 2011
  2. The proposed new approach to funding local flood schemes whereby grants are largely allocated...

    18 May 2011
  3. Responding to the Climate Change Committee report into the electricity market reforms out today,...

    16 May 2011
  4. Commenting on the one year anniversary of the coalition government, Institution of Civil...

    13 May 2011
  5. Defra is launching a report today "Climate Resilient Infrastructure: preparing for a changing...

    09 May 2011

Related Items From Everyone

  1. Government bans on the use of incandescent lamps have played a key role in fuelling the global...

    20 Apr 2016
  2. Nationwide installers of high quality solar PV and solar thermal systems.

  3. Green Economics Products & Services

    by Molly Scott CatoThe world as we know it needs a new economics. Climate change, financial...

  4. Enviro-Fresh Organisations

    Enviro-Fresh provide environmentally friendly, water saving washroom...

  5. A comprehensive international strategy is required to create a low carbon world, the prime...

    28 May 2008

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.