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Cotswold District Council have declared a climate emergency, like hundreds of others across the country, which puts action on climate change at the centre of their priorities. But, unlike most, they have gone a step further, by letting anyone invest and back their plans through a municipal investment on Abundance.
A unique benefit of these lower risk investments is the fact that they let investors get their money to work on delivering real green projects quickly. So quickly in fact, that Cotswold Council has already started work on the public EV charging project that our investors’ money has helped to fund. So we sent a camera crew down to catch up with the council’s climate leaders, and capture the action on the ground.
Public EV charging upgrade already underway
Transport is an important part of any green revolution, particularly in a rural district like the Cotswolds. As Chris Crookhall-Fallon, the council’s Head of Climate Action, explains below, the council has made it a priority to install public EV chargers to make it easier for people to make the switch to electric motoring.
And last Tuesday they took the next step on delivering that plan, with the support of our investors, with the installation of new EV chargers at the Beeches car park in Cirencester. The two new QC45 fast chargers were installed without a hitch and are already available for residents to use.
Cutting the council’s own carbon footprint
The next priority for the council will be cutting the environmental impact of their head offices at Trinity Road, Cirencester. This large building takes the equivalent of 60 homes’ gas to heat each year, and they are serious about ensuring that they cut its carbon impact as much as possible. Chris took us on a tour of the building to explain more about their plans.
If you want to back these real world climate projects, you can invest in the first tranche of the Cotswold Climate Investment on Abundance today.
As with any investment, there are risks when investing on Abundance. Your invested capital is at risk and any return on your investment depends on the ability of the company or council you have invested in to pay your returns. Investments on Abundance are generally long term and you should be prepared to hold them to maturity. The investments are illiquid and you may not be able to sell them if you need your money back earlier, and their value can rise or fall. Some investments may be secured, but this does not guarantee repayment or your return.
Quoted returns are no guarantee of future returns and past performance is not a guide to future performance. Specific risks will apply in relation to each investment. Please consider all risks before investing and read the Offer Document or Factsheet for each investment. The investments on Abundance include debentures or bonds and peer to peer loans — Abundance’s service in relation to loans is not covered by the Financial Services Compensation Scheme (FSCS).
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