The borough’s first local climate bond is set to be launched in December 2026, following approval by the council’s Cabinet. The green investment scheme will offer residents the opportunity to directly support local climate action while earning a financial return.

The £300,000 funding to be raised will be put towards renewable energy improvements at two council-owned sites, Time Square and The Alders. It will fund the installation of roof-mounted solar panels at both sites, with battery storage also being installed at Time Square to maximise the use of renewable electricity generated on site. Together, the schemes are expected to reduce carbon emissions by around 24.9 tonnes of CO₂ each year.

With investments starting from just £5, the investment will allow residents, businesses and community organisations to play a direct role in supporting Bracknell Forest Council’s climate ambitions. The council will provide regular updates on how funds are used and details of the environmental benefits.

Cllr Ryan Frost, cabinet member for the environment and climate change, said: “The investment scheme supports the council’s commitment to reducing carbon emissions and delivering the objectives of its Climate Change Strategy 2025-2030.

“The investment opportunity provides an innovative new source of funding for local climate projects, helping the council progress in its journey towards a greener, more sustainable future, while giving the community a direct stake in delivering positive environmental change.”

The investment opportunity will be delivered in partnership with Abundance Investment Ltd, a specialist provider of community investments for local authorities. Full details about the Bracknell Forest Green Investment and how to get involved will be shared when it is launched in December.