Environmental Audit Select Committee

I helped the Environmental Audit Select Committee hold a seminar on green finance at the Guildhall this morning.

The meeting marked the launch of a new enquiry into "green finance" and the low carbon economy, which will be lanching in the autumn. 

A great line up of speakers was on show - amongst them Shaun Kingsbury, CEO of the Green Investment Bank

There was pretty comprehensive agreement amongst the speakers that long tem policy stability was the key to driving investment, as well as some innovative ideas on how to provide this- such as index linked carbon bonds

Chills were provided by Mark Campanale's brief tour of the truly scary horror show that is the Carbon Tracker Initiative - Caroline Flint's question about the impact of Carbon Capture and Storage on the concept of unburnable carbon only served to prove that the light at the end of the tunnel was an on-coming train.   

All of which served to frame the timely development of the Financing Tomorrow's City programme which went live yesterday. Do visit the site if you are interested in the furture of urban infrastructure investment.