A Bank for the Future – Maximising public investment in a low carbon economyTransforming the Royal Bank of Scotland into the Green Investment Bank would kick start the green energy revolution according the report A Bank for the Future: Maximising public investment in a low-carbon economy[1].  The research, by former PricewaterhouseCoopers consultant, James Leaton, finds that it would bring 50, 000 new green jobs a year, increase efficiency, reduce the UK’s carbon emissions and improve international competitiveness – whilst not increasing the budget deficit.

Download the report[2] (pdf) or read the online version below.

The report[3] was commissioned by pressure group PLATFORM and the anti-poverty organisation World Development Movement, who have been campaigning for RBS to end its investment in high carbon projects. They reject the premise that investment in a green economy should be scrapped due to public sector cuts.

 

 

Endnotes:
  1. A Bank for the Future: Maximising public investment in a low-carbon economy: https://www.platformlondon.org/carbonweb/documents/bankfuture.pdf
  2. Download the report: https://www.platformlondon.org/carbonweb/documents/bankfuture.pdf
  3. report: https://www.platformlondon.org/carbonweb/documents/bankfuture.pdf