This grant will make up part of the £341 million needed to implement the green grid network.
In a letter to the London Green Party Assembly Members, released yesterday (22 January), Livingstone further promised to spend £62 million to promote walking and cycling in London, in a bid to tackel climate change over the coming year.
He also pledged to grant £18 million over the next three years to deliver new waste and recycling facilities to ensure that London deals with the bulk of its own waste and uses it to produce renewable energy.
Livingstone said: ‘It is no accident that London is establishing itself as the leading "green" city, leading the way on tackling climate change issues.
‘London is the only region in the country where the Greens are an active partner and the package we are announcing today will help us maintain that leading position.’
Green Party member Jenny Jones said: ‘This is a budget with vision. This agreement is full of big ideas for transforming London into a cleaner, greener, less-congested city.
‘We want East London to have the same parklands and leafy areas as west London. We want to redesign our city streets so that people feel happy walking to work, or to shop, or just for fun.’
To read Livingstone’s letter click here: http://www.london.gov.uk/news/docs/letter-20080122.pdf