EDINBURGH AS THE LOCATION OF GREEN INVESTMENT BANK

That this Houseis pleased to note the decision of the Government to locate the Green Investment Bank in Edinburgh; agrees that Edinburgh is the right choice for the location of the Green Investment Bank because of its strength in depth in both financial services and green technology; believes that this co-location will ensure the bank's future success; recognises that the bank will play a vital role in the transition to a low-carbon economy; welcomes the initial 3 billion investment; further welcomes the creation of 50 to 70 jobs in Scotland's capital by 2015; and further notes with thanks the contribution of the business, academic and third sector communities to the capital's successful bid.