UK Coalition confirms Green Investment Bank

The formal coalition agreement between the UK Conservative and Liberal-Democrats, released today, lists two key initiatives that have been part of Climate Bonds Initiative proposals:

- The creation of a green investment bank.- The provision of home energy improvement paid for by the savings from lower energy bills.

Also in the agreement is the provision of a floor price for carbon, something investors have been calling for.

All three are important and necessary changes relevant to governments everywhere.