Green projects to be funded
The money raised through the first Hounslow Green Investment will be used to fund essential community decarbonisation and greening projects.
Investing in a greener future for Hounslow
Hounslow Green Investment will help fund a number of the council’s programmes to support community climate action, and improve green space in the borough. The money invested in this first raise is expected to support a number of councils' innovative initiatives.
Funds will be used to help fund energy efficiency, green energy and greening projects within existing council green programmes:
- Hounslow Community Energy Fund, which supports community-led decarbonisation projects including demand reduction, energy efficiency and renewable energy upgrades.
- Thriving Communities Fund, which provides grants to charities, voluntary and community groups and places of worship in Hounslow.
- Schools Decarbonisation which supports energy efficiency upgrades.
- Clear Air for Schools which support a variety of interventions like air purifiers, cycle infrastructure and improving the building’s energy efficiency.
- Active travel which supports cycleways installation and upgrades.
- Circular Economy hubs with interventions like reuse and repair events.
- Grow for the Future campaign, which is a pioneering Hounslow initiative and the UK’s first policy to transform unused council land to grow food and educate children on healthy living.
All investments from Hounslow Council are compliant with the Green Loan Principles. These are internationally recognised standards, also used by the UK Government for its green investments products. They require that the money raised can only be used on eligible green projects, under rules laid out in the Green Finance Framework.