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Green investment fund launched by govt

The government has announced that it is to launch a £100 million boost for green investment, with this sum being granted to two separate non-domestic energy efficiency (NDEE) fund managers - Equitix and SDCL.

This could help the coalition deliver on its economic policy objective, which is to achieve strong and balanced growth that is evenly shared across the country and industries.

Deputy prime minister Nick Clegg said that further to this, he is seeking a low carbon economy that is clean and green.

Indeed, renewable energy is expected to deliver between 30 and 45 per cent of the UK's power by 2030 - and Mr Clegg added that the UK is the world's sixth-largest market in low carbon goods and environmental services.

"Together we find ourselves at the vanguard of one of the most dynamic, most innovative, most important industries of our time, an industry whose breakthroughs and endeavours will shape our societies for years," the minister commented.ADNFCR-1898-ID-801423461-ADNFCR

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