Question

To ask the Secretary of State for Business, Innovation and Skills, what proportion of investment by the Green Investment Bank has been given to biofuels to date.

The Green Investment Bank (GIB) has yet to finance any projects in the biofuels for transport sector. To date, GIB has committed a total of £1.3billion to green projects including the following projects that involve use of biomass for energy generation:

· £100m to one coal to biomass conversion project (Drax power station);

· £40.1m to three projects (in Northern Ireland, Birmingham and Port Talbot) that involve generating energy from recovered waste wood;

· £19.7m to a number of energy efficiency projects which involve the use of biomass boilers at enterprises such as distilleries, schools and farms.