Scottish Renewables and Friends of the Earth welcome implementation plan for Scottish National Investment Bank

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John Robertson
Scottish Renewables and Friends of the Earth welcome implementation plan for Scottish National Investment Bank

(Photo: twitter/ScotGovFM) The Scottish Government has announced the plan with the following recommendations: ‘The bank should: Be publicly-owned and mission-driven, focused on supporting Scotland’s economic priorities and promoting inclusive growth Operate in an ethical and transparent way Cowork to crowd in, not crowd out, private sector investment Be supported by long-term capitalisation of at least £2 billion over the first ten years Become self-sustaining in the longer term, raising its own capital to fund investments Provide long-term, patient finance for…

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John Robertson
Scottish Renewables and Friends of the Earth welcome implementation plan for Scottish National Investment Bank