Westminster City Council has launched the second round of Westminster Green Investment (WGI) with the ethical crowdfunding platform Abundance Investment. This exciting scheme invites residents and businesses to invest in local green initiatives and help raise £2 million or more for a cleaner, more sustainable Westminster.
Following the success of the first round in 2023, which raised £1 million in just nine days, the latest round will continue to support community-focused projects across the city, including the Seymour Leisure Centre redevelopment. The refurbishment is due to be completed in mid-2026 and will feature a community space, library and refurbished gym and swimming pool.
There will also be other energy efficiency and decarbonisation measures including:
- Installation of solar panels
- Window glazing upgrades
- Draught proofing
- LED lighting replacements
- Cooling improvements
With investments starting from just £5, residents and business can help make the city greener, cleaner and better, and contribute to the council’s goal to reaching net zero by 2040. Interest is paid every six months at 4.1% with return over five years.
Thanks to the Esmée Fairbairn Foundation, every investment from Westminster residents will be match funded, giving a significant boost to achieving the £2 million target.
The first round helped raised funds for various retrofit projects around the city. Some of the schemes delivered include:
- Pool covers at the Queen Mother Sports Centre – saving 27.8 tonnes of CO2 annually
- Pipework insulation and solar panel at the Beachcroft House Care Home – saving 12.1 tonnes of CO2 annually
- Draught proofing and LED lighting at Mayfair Library – saving 3.25 tonnes of CO2 annually
Cllr Ryan Jude, Cabinet Member for Climate Action, Ecology, Culture and Air Quality, said:
“The success of the first Westminster Green Investment round in 2023, which raised over £1 million in just nine days and funded energy-efficient upgrades in community spaces, shows that real and direct impacts can be made when our community comes together.
“We have recently updated our Climate Emergency Action Plan, strengthening our commitment to tackling the climate crisis through actions such as improving energy efficiency of council buildings and social homes, adopting a retrofit-first policy and expanding our electric vehicle charging network.
“Now, the second round of Westminster Green Investment gives residents and businesses another chance to make a lasting difference in the neighbourhood. Starting at just £5, you can contribute to projects that will cut carbon and create a fairer, greener Westminster for everyone.”
The investment is open to investors from 1st December 2025 to 1st March 2026. To learn more and invest in Westminster’s greener future, visit: https://www.abundanceinvestment.com/council-westminster
Investments are long term and may be hard to sell. Council investments are not a savings account and you are lending money to a council. Changes in market interest rates may affect the value of your investment if you sell before maturity. Approver: Abundance investment (FRN 525432). Approval date: 26/11/2025
Abundance’s service in relation to council investments (P2P loans) is not covered by the Financial Services Compensation Scheme (FSCS). Tax treatment depends on your individual circumstances and may be subject to change in the future. Holding investments in an IFISA does not reduce the risk of the investment or protect you from losses. You can still lose all your money. It only means that any potential gains from your investment will be tax free. The tax treatment of your investment will depend on your individual circumstances and may change in the future.
Westminster Green Investment, which is a loan, is Green Loan Principles compliant and is being issued under a Green Finance Framework. This is a voluntary standard which sets out how the council will meet the Green Loan Principles. This assures investors that funds raised can only be used to help them deliver on eligible green projects from within this framework, and Abundance will monitor the use of funds across the investment term to ensure the principles are being adhered to.
