12 Sep Southwark’s community investment scheme for green projects opens again

Posted at 17:38h in All by

From Southwark Council…..

Southwark Council is proud to announce the next phase of its ambitious community investment scheme, aiming to raise an additional £500,000 toward its goal of £6 million by 2030. The funds will support a wide range of innovative environmental initiatives designed to reduce waste, tackle climate change, and protect Southwark’s green spaces. Building on the success of last year’s £1 million fundraising round, this phase of the Southwark Green Investment initiative will focus on several key projects:

  • Exploring the expansion of the Library of Things to new parts of the borough
  • Investing in nature projects that protect and enhance Southwark’s green spaces
  • Investment in green drainage projects, such as rain gardens, to combat flooding
  • A major green upgrade to Camberwell Cemeteries and Crematorium.

Councillor Emily Hickson, Deputy Cabinet Member for Green Finance (also one of our ward councillors) said: “Our first round exceeded all expectations and showed a strong desire from the community to support environmental improvements, while also earning a fair return.” Southwark Green Investment offers residents and businesses the chance to invest in green projects while earning a fixed annual return of 4% for 5 years. Starting with as little as £5, anyone can invest and support Southwark’s green future, regardless of residency.

The first phase of the scheme raised £1 million and was used to fund vital projects like cycle hangars, LED street lighting, and green upgrades to local schools and leisure centres. This next £500,000 raise will bring Southwark one step closer to its £6 million target by 2030. To learn more or to invest in Southwark Green Investment, visit: www.abundanceinvestment.com/council/southwark

 

 

 

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