Return of £5m investment offer to support local climate action

Hackney’s Green Investment programme is looking to raise £5m to fund a range of local climate projects, such as solar panels on schools and council homes, and the rollout of Hackney’s sector-leading EV charging network. This week, the second phase of the investment launched, which is helping fund energy-saving windows at a local school and other green projects in Hackney. 

Building on the success of last year's £600,000 fundraising round, this phase aims to raise an additional £500,000 towards the target of £5 million by 2030. 

People can invest from £5, with the investment offering a fixed rate of return of 4.2% interest a year over a five-year term. 

Investments support local climate action as part of Hackney’s mission to create a cleaner, greener borough. This includes: 

• Solar panels and energy efficiency measures across Council homes and local schools to help cut bills and reduce emissions
• EV charging points across Hackney, as part of the Council’s sector-leading rollout of charging infrastructure
• Replacement windows to improve energy efficiency in local schools

Hackney is leading the way as one of the UK’s most ambitious councils on climate action.

From solar panels to energy-saving windows, we’re investing in a greeners, healthier and fairer future—and residents can too. Every investment will help fund local green projects, like renewable energy and replacement windows for schools, making our borough more sustainable, reducing bills and providing a secure return for investors. 

Cllr Sarah Young, Cabinet Member for Climate, Environment and Transport„“

My thanks to our residents and the investors who made last year’s Green Investment offer such a great success.  Following this we’re again raising funds to invest in green infrastructure, not only as a key part of our climate action plan to create a greener healthier borough, but also as a cost-effective way to deliver these projects. 

Hackney’s green investment is vital in helping us deliver on our ambitious climate goals, despite the budget challenges councils across the country are facing.

Cllr Robert Chapman, Cabinet member for Finance, Insourcing and Customer Services

The investment process is being managed by Abundance Investment, a leading platform facilitating ethical and sustainable investments, on behalf of Hackney Council. Abundance has worked with 13 councils across the country to issue investments like this, which have raised over £11 million since 2020. 

Returns on investments will be paid every six months into investors' Abundance accounts, offering flexibility to withdraw or reinvest funds as desired.

The investment period is open until 31 May.  

To find out more and make an investment, visit: abundanceinvestment.com/council/hackney