Financing Local Net Zero

Financial Innovation

Achieving net zero is an urgent challenge and government investment alone is not enough to achieve the transition. The Net Zero Hub is supporting innovative projects to address this issue. The projects aim to create business models for the area-based funding of net zero projects through enabling economies of scale, attracting investment and enabling cross-subsidy. 

The Local Net Zero Accelerator programme is helping combined authorities to access private investment to deliver net zero projects. The Net Zero Delivery Vehicle is a county-scale project funded by the Net Zero Hub. The Cities Climate Investment Commission (3Ci) initiative is a city-scale project funded by the Department for Energy Security and Net Zero, for which the Net Zero Hub acts as contract manager.