<p>Funded with £3.8 billion to March 2016, the Government expects the Green Investment Bank to play a significant role in accelerating the UK's progress towards a green economy both through its direct involvement in financing green projects and by helping to improve the overall financing environment and attracting new sources of capital into relevant green sectors. To date, the bank has committed £714 million in to green projects with every £1 invested mobilising approaching £3 of further investment from the private sector.</p>