A
memorandum
of
understanding
(MoU)
will
see
KfW
and
the
£3bn
($4.7bn)
GIB
pursue
a
“close
and
continuous
exchange
of
experience
and
expertise
in
environmental
protection
and
climate
finance
between
both
institutions”.
Among
its
many
activities,
state-controlled
KfW
is
heavily
involved
in
the
financing
of
Germany’s
ambitious
offshore
wind
push
–
an
area
that
the
UK’s
GIB
has
already
said
will
also
be
one
of
its
main
priorities
when
it
begins
operations,
scheduled
for
this
autumn.
The
two
institutions
have
co-operated
on
an
informal
basis
since
the
UK
announced
plans
for
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