Ellie Ames 17 November 2023

London council launches green investment scheme

London council launches green investment scheme image
Image: tfl.gov.uk

Hammersmith and Fulham London Borough Council is inviting residents and businesses to invest in green projects across the borough.

The council said it is the UK’s biggest community green investment scheme issued by a local authority. It aims to raise £5m through the scheme.

On the first day, the scheme saw 130 investors raise almost £77,000.

The London borough intends for the first phase to raise up to £1m for green parks and open spaces, improving and expanding sustainable drainage networks, and installing new bike hangars and mobility hubs.

Hammersmith and Fulham LBC said it is a low-risk investment offer and people can invest a minimum of £5, with a fixed return of 4.85% interest a year. Regular returns of interest and capital are to be paid every six months.

Cabinet member for finance and reform Rowan Ree said: ‘Investors know that their money is being invested in projects that will make a positive impact on our communities and people’s lives.

‘It also means that the council can deliver climate and ecological projects cost-effectively, which will help save taxpayer money. It’s a rare win-win.’

SIGN UP
For your free daily news bulletin
Highways jobs

Cleaner and Caretaker

North Yorkshire Council
£12.65 - £13.47 per hour
Are you looking for a cleaning role that is a little different? Ripon, North Yorkshire
Recuriter: North Yorkshire Council

Cleaner and Caretaker

North Yorkshire Council
£12.65 - £13.47 per hour
Are you looking for a cleaning role that is a little different? Bradley, West Yorkshire
Recuriter: North Yorkshire Council

Specialist Customer Service Officer

Oxfordshire County Council
£31,537 - £34,434 per annum
Are you passionate about helping others and making a real impact in your community? We’re looking for Specialist Customer Service Officers to join our dynamic Contact Centre team, the first point of contact for a wide range of essential services acros Oxfordshire County Council , County Hall, Oxford
Recuriter: Oxfordshire County Council

Cook

North Yorkshire Council
£13.47 - £14.13 per hour
Are you keen to join a friendly team who are committed to making a real impact in their local community? Lancaster, Lancashire
Recuriter: North Yorkshire Council

Catering Assistant

North Yorkshire Council
£12.65 - £12.65 per hour
We have an opportunity to join our award-winning Facilities Management catering team. North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner