London councils yet to spend £130m in local climate funds

London councils are sitting on more than £130m that should be funding local climate action, the Guardian can reveal. These include energy efficiency improvements to council housing and other buildings that would lower energy bills for tenants, as well as renewable energy projects and district heating schemes. Meanwhile, Greater London Authority figures show councils have at least another £150m on the way from developers. London Councils has now launched a series of workshops to advise boroughs on how to spend the money. The majority of London councils charge developers the recommended £95/tonne CO 2 , but this is only a guide.