London Focused Announcements

The Business Climate Challenge launched by the Mayor will support more than 200 businesses to decarbonise their buildings. Meeting their efficiency targets could result in a total energy cost reduction of up to 2 million pounds.

Businesses can receive bespoke technical support to operate their workplaces more efficiently with access to training opportunities and learning materials. Participants in the challenge will commit to reducing their energy consumption by 10 per cent in one year with support from our technical consultants.

Better Futures+ provides up to £1,000 in free business support for London-based businesses with at least two full-time employees and turnover between £100,000 and £43M

Greater London Fund invests in early-stage companies with an average investment of £400,000 to £1M – part of the fund is set aside for companies that reduce waste

Greater London Investment Fund offers loans from £100,000 to £1M to limited company SMEs – repayment term is 3 to 5 years and interest rates vary

Heart of the City gives SMEs courses on measuring carbon footprints, setting targets and disclosing progress.

The Mayor of London announced a package of measures as part of a ‘retrofit revolution’ in a bid to increase the energy efficiency of buildings.

The Mayor of London and London Councils join LCCI and other leading business organisations - the Confederation of British Industry (CBI), London First, the Federation of Small Businesses (FSB) and New London Architecture (NLA) - calling on London’s businesses to make their buildings net zero carbon by 2030, and tackling the climate emergency.

The Greater London Authority periodically has funding for projects, including: Community grants and funding to support communities and civil society organisations, Green and Resilient Spaces Fund - funding for large-scale, innovative enhancements to green and blue spaces and the wider public realm and Challenge London – an initiative to work with bright and creative innovators to solve the challenges facing London and Londoners.