About the report

nable local authorities to raise finance directly from residents and institutions, providing low-cost
finance while engaging communities in the development of place and the Net Zero transition.

Since the first issuance in 2020, sixteen councils have launched 24 offers, raising over £18 million.

This report provides public bodies and investors with insights and examples of how CMIs can be used to diversify local authorities’ funding sources and strengthen trust between councils and communities.