London: The UK government will start to operate its planned Green Investment Bank (GIB)from 2012 with an initial capital of £3bn ($4.88bn).. However, the GIB will not be able to issue bonds to raise additional finance until 2015-16, when government borrowing is set to begin to fall as a proportion of GDP, Chancellor of the Exchequer George Osborne explains in his budget statement.

"Government