Hammersmith & Fulham Council (H&F) is set to launch the UK’s biggest-ever green council community investment, a new Five million pound investment offer to fund local climate and ecological projects.
It means that 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 H&F 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 will follow in the footsteps of other successful council schemes from The Cotswolds to Camden.
The investment will allow residents and businesses concerned about climate change’s impact 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 of the perils of climate change, and how they can play an active role in lowering local carbon emissions.
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