Hounslow Council’s Green Investment Fund has reached a £1 million milestone

Hounslow Council’s Green Investment Fund has reached a £1 million milestone.

Hounslow Council has successfully raised £1 million in its first-ever Hounslow Green Investment campaign, marking a significant milestone in the Borough’s commitment to tackling climate change and building a greener future for Hounslow.

Launched earlier this year in partnership with Abundance Investment, the initiative allows residents, community groups and businesses to invest directly in local environmental projects, with investments starting from just £5.

Having reached the target of £1m for the first round, the Council will start to use this money to fund a wide range of projects, which include energy efficiency upgrades for community buildings, development of active travel infrastructure, air purifiers and green hedging to improve air quality near schools and converting under-utilised green spaces to promote biodiversity and community food growing initiatives.

Future investment opportunities will be announced in the coming months as the Council seeks to build on the success of the first investment round and aims to raise a total of £5 million over the next five years.

Councillor Katherine Dunne, Cabinet Member for Climate, Environment and Transport, said:

“We’re delighted to have reached our £1 million target for this first round of investment, and I’d like to say a huge thank you to everyone who invested.

“Reaching this milestone shows that our residents care deeply about taking meaningful action on climate change and investing in the future of their community.

“I’m looking forward to seeing how this funding will help make our Borough healthier, greener and more resilient – whether that’s through making it easier to get around by bike, or transforming green spaces to use for community food projects.

“This is just the beginning – we’ll be announcing more opportunities to invest very soon.”