Should the Green Investment Bank support SMEs?

We are told small to medium-sized enterprises (SMEs) hold the key to our economic recovery, yet lack of credit continues to be a major barrier to small business growth.

It’s also clear green innovation isn’t the silver bullet for meeting tough carbon emission reduction targets in the UK. Indeed, much of our success in moving to a low carbon economy will depend on adoption of existing green technologies. So should the Green Investment Bank (GIB), which is being established to address “market failures” in the green sector, tackle these ones?

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