London Climate Finance Facility strategic approach
The Mayor set up the London Climate Finance Facility (LCFF) in 2023 to accelerate green projects across the capital by leveraging both public and private finance.
LCFF funds include the:
- Green Finance Fund (GFF)
- London Energy Efficiency and Decentralised Generation Fund (EDGE fund)
- Mayor’s Energy Efficiency Fund (MEEF).
Key links
Background to LCFF
The London Climate and Sustainable Commission (formerly the London Sustainable Development Commission) published a report in 2020, after a series of round tables. This set out some key challenges to financing the programmes needed to make London a net zero, sustainable city.
Building on the findings, the Green Finance Institute (GFI) was commissioned to advise on the approach and structures for the GLA to set up a finance facility. The Mayor then published his response and launched the LCFF.
Climate Finance Taskforce
The Climate Finance Taskforce was announced and set up in 2025. Their role is to advise the Mayor on practical solutions to scale up private sector investment quickly to support London’s transition to net zero. They’ll build on what LCFF has learnt so far.
The Taskforce is made up of senior investors and London stakeholders, and chaired by Rhian Mari Thomas, Chief Executive of the Green Finance Institute.
Members will be announced shortly.
Taskforce terms of reference will be shared shortly.
Press releases
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Mayor’s Green Finance Fund Commits £78 Million to Drive Low-Carbon Transformation at London Museum and Lancaster West Estate, North Kensington, London Treasury, 10 November 2025
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UK Infrastructure Bank backs Capital's Green Finance Fund, National Wealth Fund, 3 January 2024
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London Stadium solar panels given green light, Queen Elizabeth Olympic Park, 21 October 2024
See our net zero funds
The Mayor’s Green Finance Fund will lend up to £500m to projects that help London meet its net zero ambitions.
The London EDGE Fund is a collaboration between the public and private sector to deliver GLA's net zero goals for London.
The Mayor of London's Energy Efficiency Fund (MEEF) is a £500m investment fund to deliver the low carbon projects,
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