Green New Deal (1)

Meeting: 
MQT on 2020-03-19
Session date: 
March 19, 2020
Reference: 
2020/1265
Question By: 
Leonie Cooper
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

I welcome your commitment to invest £50m in a Green New Deal (GND) for London. Over how many years will this money be spent?

Answer

Green New Deal (1)

Green New Deal (1)

Answered By: 
The Mayor

My £50 million Green New Deal will support projects aimed at reducing London's climate change emissions and other harmful environmental impacts including from our toxic air, while equipping its citizens and businesses to benefit from the opportunities presented by the transition to a zero-carbon future. The fund will run for three years from 2020-21 to 2022-23 and will leverage investment from third parties, including the private and public sector, to maximise the benefits delivered.