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Great Britain sets up a development bank for climate protection

D.I.e. first Forderbank The British government is working on infrastructure activities, which should fund climate-friendly projects, starting work in Leeds. The State Development Bank will receive 12 12 billion (ப 14 billion) in capital and could raise another 10 10 billion with state guarantees. It will help launch projects and investments worth more than 40 40 billion.

“The UK Infrastructure Bank will accelerate our ambitions to tackle climate change and take the country to a level,” said Finance Minister Rishi Sunak. The focus is on clean energy supply, transportation infrastructure, digitalization, water supply and waste disposal projects.

Promote structurally weak areas of the country

The head office of the Development Bank in the northern English city of Leeds is also part of the plan, as the government has set one of its goals to promote structurally weak areas of the country, for example to balance living conditions in the old industrial areas of the north and central England, and in the Kingdom.

The Prestige Project is a fast train link from London to Birmingham and later to Manchester and Leeds. Boris Johnson’s government won the 2019 election by defeating former Labor constituencies in the north of England. The central bank has announced that it will transfer part of the bank and its managing staff to Leeds. The BBC, the public broadcaster, will also employ more people in the north of England in the Manchester area.