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<p>The Green Investment Bank (GIB) has yet to finance any projects in the biofuels
for transport sector. To date, GIB has committed a total of £1.3billion to green projects
including the following projects that involve use of biomass for energy generation:</p><p>·
£100m to one coal to biomass conversion project (Drax power station);</p><p>· £40.1m
to three projects (in Northern Ireland, Birmingham and Port Talbot) that involve generating
energy from recovered waste wood;</p><p>· £19.7m to a number of energy efficiency
projects which involve the use of biomass boilers at enterprises such as distilleries,
schools and farms.</p>
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