Govt announces commercially focused $100M green investment fund

Wed, 05 Dec 2018

By Pattrick Smellie Dec. 5 (BusinessDesk) - The government’s $100 million Green Investment Finance fund, launched today, will concentrate its efforts on decarbonisation investments outside renewable energy, Green Party co-leader James Shaw says. Operating as a company under the Public Finance Act, the fund is intended to attract much larger sums of private capital to green investments and will be established on far more strictly commercial terms than the $3 billion Provincial Growth Fund. The Greens won commitment to the fund in their...

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