Green Investment Bank will get German support

The UK’s new Green Investment Bank will receive advice and help from the German national bank KfW. Bosses of both institutions signed a memorandum of understanding in Frankfurt yesterday which formalises an exchange of “experience and expertise in environmental protection and climate finance”. The bank is the world’s first solely dedicated to greening the economy […]

German bank will invest €100bn into renewable energy projects

Germany’s federally-owned KfW banking group has committed to making renewable energy and energy efficiency investments in Germany with €100 billion (over £87 billion) over the next five years. The cash injection will decrease investment risk and accelerate the country’s move to renewable energy, the bank says. The KfW loans target energy efficiency, smart grids, as […]