Rhian-Mari Thomas, the head of the Green Finance Institute, persuaded Rachel Reeves to half the state’s stake – because the private sector was ready to step in
At the start of this year, among the snowy Swiss slopes of the Davos business get-together, Rhian-Mari Thomas was ready to make an elevator pitch to the UK’s future chancellor, Rachel Reeves.
The chief executive of the Green Finance Institute (GFI) – a government-backed body that helps create and promote pro-environment financial products in the UK – had grown increasingly concerned about Labour’s £28bn green investment pledge.