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Green Investment Bank

That complements the earlier question about how we integrate SMEs into the process. The fact is that the green investment bank will predominantly be concerned with very large-scale projects, and that is partly where the market failure lies—in mobilising large amounts of capital. In practice, however, large-scale projects can involve combinations of small-scale enterprises, and of course SMEs will also be an important part of the supply chain—particularly, for example, in offshore wind, which is a crucial dimension.