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Green Investment Bank boost

January 11, 2012 12:03 PM
Originally published by Scottish Liberal Democrats

Mike Crockart MP for Edinburgh West is on today's order paper for Scottish Questions. Mr Crockart intends to raise the issue of the Green Investment Bank and the benefits it could bring to Scotland.

Commenting ahead of today's business in the Chamber, Mr Crockart said:

"The Green Investment Bank would be a huge boost not only to Edinburgh but to the whole of Scotland.

"Yesterday's announcement of a deal between Scottish and Southern Energy and Scottish Equity Partners as well as Scotland's landmark agreement to develop green energy products with Masdar demonstrate the way in which the sector is moving and developing internationally.

"Today I want to highlight this internationalisation and Edinburgh's role in it. The co-location of financial and green sectors in the City means it is uniquely placed to act as a springboard for such ventures. That is why Scotland's capital should be home to the UK's Green Investment Bank.

"I have been pushing Edinburgh's case over the past year and will continue to do so until Vince Cable, Secretary of State for Business, Innovation and Skills, makes his decision on the bank's location."