Hammersmith & Fulham Council is set to launch the UK's biggest-ever green council community investment – a new £5million investment offer to fund local climate and ecological projects.
It means that local residents and businesses can personally invest in green projects on their doorstep, and make a good fixed return on a low-risk investment.
The H&F Green Investment was approved at a Cabinet meeting on Monday 6 November. It will allow us to deliver ecological projects and retrofits to help fight climate change much faster.
“This is funding vital work in an innovative way, funding green improvements in our borough from our borough,” said Cllr Rowan Ree, H&F Cabinet Member for Finance and Reform.
“With the current high interest rates and huge local interest in tackling climate change, residents can secure a long-term, fixed-rate investment which will directly benefit their community.”
The new H&F Green Investment will be the UK's biggest-ever council-issued community investment, and follows in the footsteps of other successful council schemes from The Cotswolds to Camden.
Climate Action Together
The investment will allow residents and businesses, who are concerned about the impact of climate change on the borough, to invest directly in measures to mitigate it.
H&F’s ambitious journey to net zero began in 2019. Since then, we’ve taken action to help mitigate the effects of climate change.
It is not just about raising funds to pay for climate change. It is about involving residents, raising their awareness for the perils of climate change, and how they can play an active role lowering local carbon emissions.