Half a million pounds invested into Greenwich Green

The Royal Borough of Greenwich has announced the successful raising of £562,000 investment to support climate action initiatives across the borough.

This milestone, part of the council’s Greenwich Green Investment scheme, is possible thanks to the support of investors who share its commitment to a greener, more sustainable future.

The scheme allowed residents and organisations to make a positive environmental impact while earning a four per cent return, reflecting the council's commitment to tackling the climate crisis and achieving net-zero emissions.

A council spokesperson said: "We are deeply grateful to all our investors for believing in this pioneering initiative and their overwhelming support that raised more than half a million.

“Their trust and commitment demonstrates the power of collective action in addressing the climate crisis, and how empowering local residents and businesses to take meaningful climate action can help delivering cleaner, greener energy solutions for generations to come."

The money raised will be directed towards transformative projects, including the installation of solar panels on council buildings, schools and the Oxleas Wood Cafe, improving energy efficiency and expanding renewable energy opportunities for the borough.