As part of the Scottish Budget, Ms Forbes announced £220 million of further funding for the Bank which will be operational by the end of the year, investing in businesses and communities across Scotland. Ms Forbes said: “Tackling the global climate emergency was at the heart of this year’s Budget and our further funding commitment of £220 million for the Scottish National Investment Bank will be vital in helping support our ambitions towards achieving our climate change targets. “Supporting Scotland’s transition to net-zero will be the Bank’s primary mission. This forms part of Scotland’s ‘Green New Deal’ in order to kick start investment, and build the momentum needed to make a significant impact on reducing emissions across different sectors and guaranteeing new, high quality jobs.
Edinburgh Reporter 15th Feb 2020 read more »