COMMERCIALISM

Council raises £1m through UK's first local government green bond

The UK's first local government green bond has reached its target of raising £1m for West Berkshire Council five days early.

The UK's first local government green bond has reached its target of raising £1m for West Berkshire Council five days early.

It attracted 640 investors in total, with 22% of funds raised from West Berkshire residents.

The bond will help fund green infrastructure such as installing solar panels on council buildings and creating new cycleways.

Council leader, Lynne Doherty, said: 'I'm very pleased that this innovative way of funding the delivery of our environment strategy has had such a strong uptake from local people.

'Not only is it saving the council money, but it has allowed local people to get directly involved with our plans to reach net zero in the next decade.'

COMMERCIALISM

Retrofitting for planet, pocket and comfort

By Marina Robertson | 20 November 2024

Handing over a retrofit project to the local community has created a lasting legacy in Birmingham, says Marina Robertson.

COMMERCIALISM

Celebrating culture within Calderdale

By Ann McGauran | 13 November 2024

Bobsie Robinson, Calderdale MBC’s cultural services manager, talks to Ann McGauran about how the council is using its Year of Culture to change a fragmented ...

COMMERCIALISM

Taking on the house

By Emily Twinch | 13 November 2024

The leaders of Southwark and Sheffield councils talk to Emily Twinch about what the Budget delivered for housing and why longer-term certainty on social rent...

COMMERCIALISM

Thurrock threat to sue other councils after financial collapse

By Dan Peters | 07 November 2024

Debt-laden Thurrock Council has threatened to sue other councils as it legally goes after the Association of Public Service Excellence (APSE) over advice it ...

Popular articles by Laura Sharman