Southwark Council is proud to announce the next phase of its ambitious community investment scheme, aiming to raise an additional £500,000 toward its goal of £6 million by 2030.
The funds will support a wide range of innovative environmental initiatives designed to reduce waste, tackle climate change, and protect Southwark’s green spaces.
Building on the success of last year’s £1 million fundraising round, this phase of the Southwark Green Investment initiative will focus on several key projects:
- Exploring the expansion of the Library of Things to new parts of the borough, reducing waste and helping residents save money by borrowing items instead of buying them.
- Investing in nature projects that protect and enhance Southwark’s green spaces, providing vital habitats for plants and wildlife.
- Investment in green drainage projects, such as rain gardens, to combat flooding and improve water management across the borough.
- A major green upgrade to Camberwell Cemeteries and Crematorium, ensuring these spaces are sustainable and environmentally friendly.
Councillor Emily Hickson, Deputy Cabinet Member for Green Finance, said: "Our first round exceeded all expectations and showed a strong desire from the community to support environmental improvements, while also earning a fair return. We’re grateful for the support and look forward to building on the success this time around. Together, we can make a real difference in tackling the climate emergency and enhancing the quality of life in Southwark."
Southwark Green Investment, also known as a Community Municipal Investment (CMI), offers residents and businesses the chance to invest in green projects while earning a fixed annual return of 4% for 5 years. Starting with as little as £5, anyone can invest and support Southwark’s green future, regardless of residency.
The funding process is managed by Abundance Investment, a leading platform for ethical and sustainable investments. The returns will be distributed biannually into investors' Abundance accounts, providing flexibility to withdraw or reinvest.
The first phase of the scheme raised £1 million and was used to fund vital projects like cycle hangars, LED street lighting, and green upgrades to local schools and leisure centres. This next £500,000 raise will bring Southwark one step closer to its £6 million target by 2030, with each pound invested driving real, positive change in the community.
To learn more or to invest in Southwark Green Investment, visit: www.abundanceinvestment.com/council/southwark