Greenwich Council's pioneering Green Investment scheme has successfully raised £562,000 in its first phase, demonstrating a commitment to local climate action and offering residents a chance to invest directly in the borough's green initiatives while earning a financial return. The scheme aligns with Greenwich Council's broader climate action strategy, encouraging community involvement in environmental projects. The announcement was made during the Audit and Risk Management Panel meeting on Wednesday, 16 July 2025, where the Treasury Management Outturn Report for 2024/25 was reviewed.
The Greenwich Green Investment scheme allows residents and other parties to invest directly in local climate action efforts while earning a financial return. The second round of funding is set to launch on 2 June 2025, and will remain open until 1 September 2025.
The Audit and Risk Management Panel reviewed the Treasury Management Outturn Report for the financial year 2024-25, which included details of the Green Investment scheme.
The Treasury Management and Capital Outturn 2024/25 report was presented to the Audit and Risk Management Panel for review. The panel included Councillor David Gardner (Chair of Audit and Risk Management Panel and Deputy Mayor), Dr Susan Blackall, Councillor Christine May, Councillor ‘Lade Hephzibah Olugbemi, Councillor Dave Sullivan, Councillor Nick Williams, Councillor Matt Hartley (Leader of the Opposition), and Cabinet Member Finance, Resources and Social Value (Cabinet Member Finance, Resources and Social Value).
