UKSIF chief executive Penny Shepherd responds to the speech today by Shadow Chancellor George Osborne in which he announced his intention to introduce Green ISAs.
“Green ISAs will enable individual investors to make money and make a difference to climate change. It is good news that people will be able to shelter some of their rainy day money in ways that help to protect against the dangers of climate change. It should encourage new savings, as well as allowing a greater proportion of existing investments to be held tax free and help to build a better world. This should be a win-win solution for savers and the environment.”
Read the full speech by the Shadow Chancellor.