Decision details

Revolving Community Energy Fund

Decision Maker: Executive Member for Climate Change and Sustainability

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To consider a report of the Director of Economy, Transport and Environment regarding the creation of a Revolving Community Energy Fund (RCEF), using £250,000 from the Climate Change budget. This RCEF will invest in community energy projects and returns on any investment will recharge the RCEF ensuring a sustainable, long-term funding mechanism.

Report author: Chitra Nadarajah

Publication date: 13/05/2022

Date of decision: 12/05/2022

Decided at meeting: 12/05/2022 - Executive Lead Member for Economy, Transport and Environment Decision Day, Executive Member for Highways Operations Decision Day and Executive Member for Climate Change and Sustainability Decision Day

Effective from: 21/05/2022

Accompanying Documents: