New report on CMIs launched today

Funded by Innovate UK, today’s report from Dr Mark Davis presents key findings from the UK’s first two Community Municipal Investments (CMIs), which were launched as “Local Climate Bonds” by West Berkshire Council and Warrington Borough Council in the Summer of 2020.

Each met their £1M target ahead of the close date and research with resident and non-resident investors, along with residents who chose not to invest, has provided new insight on the potential scalability of CMIs as a simple, low-risk mechanism for diversifying borrowing sources and – due to its innovative donation feature – a new way of boosting non-repayable capital for councils to fund their local net zero strategies.

You can download the full report, and watch a short animation film by Little Motel to accompany its launch, by clicking here.