The Scottish National Investment Bank will put us at the forefront of innovation to tackle environmental issues
PLANS for a £2bn national investment bank have been backed by Clydebank and Milngavie’s MSP.
MSP Gil Paterson voted in favour of establishing the Scottish National Investment Bank in the Scottish Parliament on January 22.
It will see £2bn funds invested across ten years into small businesses and community groups in Scotland focusing on climate change.
It is part of the SNP’s Green new Deal to help kick-start investment and build momentum in tackling climate change and create high quality jobs.
He said: “Supporting the Scottish National Investment Bank is a no brainer – it will mean putting billions into small Scottish business.
“It is excellent that funds that could be supporting innovation, new technologies and ideas to make our country and planet cleaner and healthier place.
“Scotland will be at the forefront of investing in businesses and groups that are pioneering measures to tackle global problems affecting our environment.”