The UK and Ireland Nuclear Free Local Authorities (NFLA) welcomes and fully supports the call made by prominent local authority leaders seeking new powers and resource as part of the challenge to mitigate climate change and reach net zero emissions as quickly as possible. In a joint communique signed by 32 civic leaders yesterday, there was acknowledgement that, whilst there is considerable ambition and willingness to develop comprehensive carbon reduction plans, councils are hampered by a range of barriers that prevent effective action being taken. Without a ‘power shift’ councils will find it difficult to prioritise such work and give sufficient resource to it. Such issues have been mirrored in public comments made by the Committee on Climate Change and in the latest NFLA report on how councils tackle the climate emergency in a post-pandemic environment.
NFLA 14th July 2021 read more »
A national campaign to help local authorities issue community municipal finance investment for green initiatives has been launched. The Green Finance Institute and Abundance Investment have issued the call for local climate bonds to help finance local clean energy projects, with support from UK100, Local Partnerships and Innovate UK. It will target the UK’s 404 local authorities, helping to bring to market the retail investment product, which can be used as a cost-effective way to finance such projects.
Current 14th July 2021 read more »