Government ramps up green finance push with new green VCT plans

New green finance standards also unveiled

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Clean Growth Minister Claire Perry
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Clean Growth Minister Claire Perry

The government has announced a raft of fresh initiatives designed to cement the UK's position as a global green finance hub, unveiling plans for a new clean tech venture fund, fresh green finance standards and wider promotional activities for the fast-expanding sector.

As part of Green GB Week, Energy and Clean Growth Minister Claire Perry today attended a series of events in The City of London designed to highlight the growing influence of the UK's green finance industry. The events come as the government today launched a Request for Proposals for fund managers to run a new clean tech-focused venture capital fund. Dubbed the Clean Growth Fund, the initiative will combine up to £20m of government investment alongside at least £20m in private funding. The government said the aim of the new fund was to catalyse the clean tech market and help early sta...

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