UK Green Investment Bank (UKGIB)

The UK Green Investment Bank (UKGIB) was a financial institution created by the UK government to support the development of environmentally friendly projects. Its goal was to help fund renewable energy, energy efficiency, and other sustainable infrastructure, reducing carbon emissions and promoting green growth. By investing in these sectors, UKGIB aimed to attract private investment and accelerate the transition to a low-carbon economy. In 2017, it was privatized and became a commercial entity, continuing its mission of funding sustainable projects independently while aligning with its original objectives.