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Empowering residents and businesses make a positive impact and money along the way - London TV

Empowering residents and businesses make a positive impact and money along the way

In a big move towards environmental sustainability, the Royal Borough of Greenwich has launched Greenwich Green Investment, allowing residents, businesses and organisations to make low-risk investments into environmental projects in their local area from as little as £5.

Improving the local environment while gaining a return of 4.0% per year on the money put in, paid every six months over the next five years.

Our Greenwich Green Investment will help raise vital funding for projects with positive environmental impacts, from improving parks and open spaces to installing solar panels that benefit the community.

We’re looking to raise £1million towards making a greener borough, and YOU will be a part of the movement. This forms part of our wider commitment to tackle climate change and achieve our ambitious target to reach net zero carbon emissions.

Councillor Anthony Okereke, Leader of the Royal Borough of Greenwich said: “We’re excited to launch our Greenwich Green Investment which will be a cornerstone for improving local communities and creating a greener, cleaner borough.

“We’ll be channelling investments made by our community back into the community, funding initiatives that contribute to tackling climate change, promoting sustainable development and protecting the environment.”

Councillor Denise Hyland, Cabinet Member for Finance, Resources and Social Value: “Climate change affects us all, which is why we believe everyone should be offered the chance to make a positive difference, no matter how small.

“This scheme offers a return through a low-risk investment while also bridging the gap created by poor access to modern and environmentally friendly infrastructure. This will allow us to support and build stronger communities.”

The money invested will help fund a range of green measures across our parks and council-owned buildings. Such as:

installing solar panels
decarbonising council properties, community buildings and schools
installing energy efficient street lighting
This joins a range of work already undertaken to tackle climate change, from energy efficiency improvements to older properties to building zero carbon homes as part of Greenwich Builds, the Council is working to ensure we meet net zero carbon emissions.

The scheme is open to people both within and outside the borough, including residents, businesses, community groups and other interested investors. Everyone is welcome to invest.

For more information on our Greenwich Green Investment and how to get involved, please visit royalgreenwich.gov.uk/green-investment