Bussiness
Green investment to bring ‘profound benefits’
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
Hydroelectric power could attract investment that would help Scotland make the transition to net zero
MONTY RAKUSEN/GETTY IMAGES
1. Scotland is well placed to receive “profound benefits” from becoming a hub for environmentally friendly finance, a government-backed report has said.
The Scottish Taskforce for Green and Sustainable Financial Services has made 31 recommendations on how to encourage investment that can address climate issues.
These include improving the global reputations of Glasgow and Edinburgh, encouraging more financial institutions to relocate and improving the skills of the workforce.
The findings were welcomed by Kate Forbes, the deputy first minister.
She said: “This report is a decisive action plan as we progress towards making Scotland the natural home for green and sustainable finance.
“The financial services sector is key
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