Decision details

Community Investment in Climate Initiatives

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Community Investment in Climate Initiatives

Decision:

1.    To approve the launch of the Hammersmith & Fulham green local authority security from November 2023, up to a maximum total value of £5m.

 

2.    To delegate approval for the specific climate initiatives to be funded from the green local authority security (up to a maximum of £5m) to the Strategic Director of Environment, in consultation with the Cabinet Member for Finance and Reform, the Cabinet Member for Climate Change and Ecology and the Strategic Director of Finance.

 

3.    To contract with Abundance Investment Ltd for the management and administration of the community loans, for the duration of the five-year loan period (estimated contract value of £100,000).

 

Report author: Kellie Gooch

Publication date: 02/11/2023

Date of decision: 06/11/2023

Decided at meeting: 06/11/2023 - Cabinet

Accompanying Documents: