Event

The Green Growth challenge: opportunities for public-private partnerships on development finance

Speakers:
Meg Hillier MP Yvo De Boer, Global Advisor on Climate Change and Sustainability, KPMG Rhian Kelly, Director for Business Environment, CBI Craig Bennett, Director of Policy and Campaigns, Friends of the Earth
Chair: John Springford, Senior Researcher, Social Market Foundation
The Private Finance initiative has always been a controversial way to finance public works. Recently, both the House of Commons Treasury Select Committee and the National Audit Office have questioned the value of PFIs, suggesting the government loses out when bargaining contracts with the private sector. But, with a Green Investment Bank a key plank of Government growth policy, will such an initiative do any better if it is small and unable to borrow? It turns the PFI on its head, meaning that the Government pays for the construction and the private sector buys the assets. But it will it end up tiny and powerless as a result?Speakers:
Meg Hillier MP Yvo De Boer, Global Advisor on Climate Change and Sustainability, KPMG Rhian Kelly, Director for Business Environment, CBI Craig Bennett, Director of Policy and Campaigns, Friends of the Earth
Chair: John Springford, Senior Researcher, Social Market Foundation
The Private Finance initiative has always been a controversial way to finance public works. Recently, both the House of Commons Treasury Select Committee and the National Audit Office have questioned the value of PFIs, suggesting the government loses out when bargaining contracts with the private sector. But, with a Green Investment Bank a key plank of Government growth policy, will such an initiative do any better if it is small and unable to borrow? It turns the PFI on its head, meaning that the Government pays for the construction and the private sector buys the assets. But it will it end up tiny and powerless as a result?Speakers:
Meg Hillier MP Yvo De Boer, Global Advisor on Climate Change and Sustainability, KPMG Rhian Kelly, Director for Business Environment, CBI Craig Bennett, Director of Policy and Campaigns, Friends of the Earth
Chair: John Springford, Senior Researcher, Social Market Foundation
The Private Finance initiative has always been a controversial way to finance public works. Recently, both the House of Commons Treasury Select Committee and the National Audit Office have questioned the value of PFIs, suggesting the government loses out when bargaining contracts with the private sector. But, with a Green Investment Bank a key plank of Government growth policy, will such an initiative do any better if it is small and unable to borrow? It turns the PFI on its head, meaning that the Government pays for the construction and the private sector buys the assets. But it will it end up tiny and powerless as a result?Speakers:
Meg Hillier MP Yvo De Boer, Global Advisor on Climate Change and Sustainability, KPMG Rhian Kelly, Director for Business Environment, CBI Craig Bennett, Director of Policy and Campaigns, Friends of the Earth
Chair: John Springford, Senior Researcher, Social Market Foundation
The Private Finance initiative has always been a controversial way to finance public works. Recently, both the House of Commons Treasury Select Committee and the National Audit Office have questioned the value of PFIs, suggesting the government loses out when bargaining contracts with the private sector. But, with a Green Investment Bank a key plank of Government growth policy, will such an initiative do any better if it is small and unable to borrow? It turns the PFI on its head, meaning that the Government pays for the construction and the private sector buys the assets. But it will it end up tiny and powerless as a result?

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