Camden Climate Investment, Community Municipal Investment (CMI), giving residents and organisations the opportunity to invest directly in a more sustainable future for the borough, has reached its target of a £1m investment.
The investment will help to directly fund a range of local climate projects that are part of the plan including: installing electric vehicle charging points to encourage residents to switch to electric vehicles; continuing the rollout of the Council’s Healthy School Streets initiative, which aims to improve air quality and the local environment around schools; contributing to the replacement of the Council’s fleet of diesel and petrol vehicles with green alternatives; and installing solar panels on public buildings to reduce carbon emissions and the cost of electricity.
Eylon Garfunkel, LabTech CEO, said: “Our ownership of 16 acres of retail, residential and commercial space in Camden, including the world-famous Camden Market, makes us one of the most important stakeholders in the Borough and we want to play a big role in supporting our local communities.
“Last year we invested in the Camden Highline project, and now we are backing a plan that will have a long-lasting positive impact here. This initiative is much like Camden Market in terms of its innovation and collaborative approach, and we are proud to be working with the Council to help create a more sustainable future for the people who live, work, and spend their leisure time in Camden.”
