By Paul Homewood
h/t Paul Kolk
A government-backed organisation that raises cash for net zero projects has donated £100,000 of support to Labour.
The Green Finance Institute, which was set-up by former chancellor Lord Hammond with £2m of taxpayer cash in 2019, is advising shadow chancellor Rachel Reeves and shadow energy secretary Ed Miliband.
Donations of its services valued at £99,000 were unveiled by the Opposition last month, with the self-defined “action tank” agreeing to support Labour’s bid to create a National Wealth Fund.
The arrangement was disclosed in the MPs’ register of interests, where the Green Finance Institute is listed as “providing policy support”. It suggests the company may be helping to shape plans that will form part of Labour’s manifesto in the upcoming election.
The involvement with Labour is likely to raise questions among backbench Tory MPs, given the Green Finance Institute’s roots as a state-backed venture. It advertises its ongoing links with the Government prominently on its website.
I’ll let the DT commenters have their say:
via NOT A LOT OF PEOPLE KNOW THAT
May 12, 2024 at 03:29PM
Iowa Climate Science Education 