Investors do not have to wait for a government bond to go green with their money, thanks to a raft of alternative finance opportunities supporting renewable energy projects.
Chancellor Rishi Sunak unveiled plans last month to issue the UK’s first ever sovereign green bond to help the UK meet its 2050 net zero target and other environmental objectives.
It will not be launched until next year but there are already ways to support clean energy projects in the peer-to-peer lending and crowdfunding space.
Abundance has worked with councils this year to provide community municipal bonds that support renewable energy projects in a local area. More than £2m has been raised so far for West Berkshire and Warrington councils.