16th August 2018

Low emission vehicles will pay less to park in London’s Square Mile

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High polluting vehicles are to be hit with more expensive on-street parking tariffs in the Square Mile, the City of London Corporation has announced.

The introduction of the new charges will commence on Monday 20 August, aiming to reward motorists to make more environmentally friendly choices and improve air quality across the Square Mile by reducing harmful pollutants.

RingGo’s Emissions Based Parking product will be used for the new green parking charges, which will automatically assess the type of vehicle being parked and charge tariffs based on the level of pollution emitted by the vehicle. This method is currently being used elsewhere in London but the City Corporation is the first to offer a range of charges dependent on the vehicle’s fuel type.

The RingGo app is a cashless parking solution and drivers still choosing to pay cash at a machine, rather than use RingGo, will pay the highest rate.

The following tariff bands will operate on weekdays from 8am to 7pm when air quality is at its worst:

Type of vehicle Cost per 15 mins Cost per hour
Low emission (e.g. electric, hybrid) £1 £4.00
Petrol vehicles registered from 2005 onwards £1.30 £5.20
Diesel vehicles registered from 2015 onwards £1.30 £5.20
Other £1.70 £6.80


Chris Hayward, planning and transportation committee chairman at the City of London Corporation, said: We have seen other areas of London penalise worst offenders such as diesel cars. We are taking this one step further by not only applying punitive measures for these worst offenders but by supporting and encouraging motorists to consider other modes of transport and switch to cleaner vehicles in the future.

“98 per cent of all parking in the city is paid for by mobile phone so RingGo’s Emissions Based Parking is a great way of reminding motorists of the impact of their journey each and every time they travel.

“The Square Mile is one of London’s busiest areas, therefore, it is only right that the City of London Corporation continues to prioritise providing a safe and healthy environment for its workers, visitors and residents.”

Peter O’Driscoll, UK Country Manager for RingGo, said: “The Government is promoting Clean Air Zones as the best way to influence motorists’ behaviour. But these take several years to set up, not to mention requiring considerable expenditure. With no physical infrastructure needed, RingGo’s Emissions Based Parking provides similar outcomes at a fraction of the cost and can be set up in a matter of weeks.

“It’s the ultimate quick and easy way to encourage more responsible motoring.”

The City Corporation also launched a clean air cargo bike delivery scheme this year, which helps the Square Mile’s businesses tackle toxic air pollution by using cargo bicycles for delivers rather than diesel and petrol vans.