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DAWN BACKS BRISTOL BID FOR GREEN INVESTMENT BANK

Bristol is the only logical choice for the Headquarters of the new Green Investment Bank.  That was the message from Bristol South’s Labour MP Dawn Primarolo this week, after she had met up with Giles Clarke and Colin Skellett to discuss the city’s bid.  Mr Clarke is Chairman of the England and Wales Cricket Board and is heading-up Bristol’s bid, while Mr Skellett chairs the Local Enterprise Partnership.

The Green Investment Bank will provide £3 billion funding dedicated to “greening the economy” with the aim of accelerating private sector investment in the UK’s transition to a green economy.  Bristol is one of six cities to have publicly announced their intention to bid and, as Dawn explains, there are clear reasons why the Bank should go to the South West.  

“Our city has a great history of innovation and discovery.  All the way from Brunel’s Suspension Bridge to Cameron Balloons we have led the way in creative thinking.  We are also building a living tradition of innovation in green thinking and sustainability and our region provides nearly 80,000 jobs in the burgeoning environmental technology industry.  Bristol is better placed than other cities to lead a private sector based recovery, and with our highly qualified workforce and easy access to the rest of the country, we are unquestionably the strongest contender.”

“As strong as our bid is, we need to realise that competition for this prize will be fierce.  That’s why I am determined to work closely with the bid team and the City Council to bring the Green Investment Bank to Bristol.”

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