NS&I Green Savings Bonds eligibility rules explained as 'key features' released
The Green Savings Bonds will be available to purchase online at nsandi.com when they go on sale. The retail savings product was first announced by the Chancellor of the Exchequer Rishi Sunak in the 2021 Spring Budget, and last week, further details were revealed.
The Green Savings Bonds are intended to help finance the Government’s green spending projects designed to tackle the climate crisis and make the environment greener and more sustainable.
These projects will include making transport greener, using renewable energy over fossil fuels, preventing pollution, using energy more efficiently, protecting natural resources and adapting to a changing climate, NS&I said.
Ian Ackerley, NS&I Chief Executive, commented: “We are delighted to be offering a new savings product on behalf of the Government and playing a key role in contributing towards the UK’s Green agenda.
“This exciting new Bond will be available to purchase from nsandi.com later this year and will give UK savers the opportunity to contribute towards green projects to help make the world greener, cleaner and more sustainable.”
