Tracking page for Citizen-led Finance for West Yorkshire
We are tracking developments from the year-long alternative manifesto process (AMPlify West Yorkshire) that we hosted in 2020-21.
This page tracks Citizen-led Finance for West Yorkshire by Mark Davis.
It records what happens in West Yorkshire relevant to this idea, and to the same idea in other places, in order to compare and contrast with our region.
Developments in West Yorkshire.
Date |
Development |
Further information |
|---|---|---|
| 18/01/23 | Councillor Ann Forsaith (Green Party, Farnley and Wortley) proposed a motion calling on Leeds City Council to explore setting up a Community Municipal Investment scheme in Leeds. She contacted Mark Davis for an update on the success of schemes in other parts of the country. | text of the motion (pdf) |
| 18/01/23 | Councillors Forsaith, Carlisle, Buckley, Richards, Hayden, Dye, Coupar, Robinson, Wray and Shemilt spoke in support of the invitation to Leeds City Council to explore the potential of a Community Municipal Bonds scheme in Leeds. | Recording of speeches at the council meeting. |
| 18/01/23 | The motion proposed by Councillor Forsaith was carried with support from all parties. The next step is a report to the council's Executive Board in July 2023. | Minutes of the council meeting. |
Parallel developments outside West Yorkshire.
Date |
Development |
Further information |
|---|---|---|
| 11/03/23 | By April 2023, CMIs have been launched by 7 local authorities – Camden, Cotswold, Islington, Telford & Wrekin, Warrington, West Berkshire, and Westminster – raising £6 million for local net zero projects in these communities. There is a pipeline of at least 5 more councils who have pledged publicly to offer their residents the chance to invest in a CMI, one of which being Leeds City Council. With interest too from Greater Manchester, North of Tyne, and West Yorkshire Combined Authorities, the CMI model continues to provide an opportunity for local people to engage with and participate in the delivery of projects aligned to national and global climate targets. | Contact details and research profile of Mark Davis, inventor of CMIs, University of Leeds |