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Our pledge to support Sunderland’s bid to host Green Investment Bank

16th January 2012


Earlier this month Sunderland City Council announced the exciting news that it has entered the race to host the world’s first Green Investment Bank.

As chief executive of the North East Business and Innovation Centre (BIC), I would subsequently like to voice my organisation’s full support of this initiative.

Paul McEldon supports Green INvestment Bank

With Nissan at the spearhead of a developing low carbon economy for the region, a host of other local organisations are also making huge strides in the area, including the Port of Sunderland’s developing expertise in subsea engineering and off-shore wind. Sunderland undoubtedly has the ambition and framework to become a suitable home to the bank.

We also encourage other city-based businesses to lend their support, and help to build the case for Sunderland to host the £3 billion centre, and underpin the country’s inevitable sway towards creating low-carbon jobs in coming years.

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