At a parliamentary reception to mark National Ethical Investment Week (NEIW) 2010, UKSIF, the sustainable investment and finance association, called on the Government to introduce a Green ISA allowance at the next Budget in March 2011. New research from YouGov for NEIW reveals that over 13 million GB adults (27%) would be likely to invest in a Green ISA during the next twelve months. The research also revealed that over half (52%) of investors would consider investing in renewable energy to help the sector receive greater funding. This money would help to meet the urgent demand for investment in the green energy and environmental sector.
UKSIF is also calling for tax breaks for those investing in their local community organisations. Almost a third (32%) of all GB adults with savings and investments would consider supporting initiatives that assist their local community to help them receive greater funding.
Read the full press release.