Question

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 7 July 2015 to Question 3892, how many (a) jobs and (b) apprenticeships were created by each Green Investment Bank (GIB) investment; and whether he plans to monitor the performance of a privatised GIB in creating jobs and apprenticeships.

The Green Investment Bank (GIB) estimates that approximately 5700 jobs have been created during the construction phases of their projects and approximately 1000 jobs have been created during the operational phase of their projects. Apprenticeship numbers are not recorded separately from other jobs but any apprenticeship roles would be included in the figures mentioned above.

We would expect a privatised GIB to continue to monitor the green and other benefits of their investments, such as job creation.