Treasury’s green savings bond offers ‘paltry’ incentive for helping planet

Treasury’s green savings bond offers ‘paltry’ incentive for helping planet

Rishi Sunak’s budget initiative gives returns of just 0.65% and experts say savers can get far better deals elsewhere

The government’s green bond promises savers they will be able to “make the world greener, cleaner and more sustainable”. But what they won’t make is a return on their investment that beats other options on the market.

When it was launched last month, the bond, from National Savings & Investments (NS&I), was described as a world first – people can invest money that is 100% secure and will be used for government spending on sustainable projects, such as cleaner transport and renewable energy.

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