Guidance

Green Home Finance Innovation Fund competition (closed)

This competition will provide funding to projects which develop innovative green mortgages and other lending products.

From:
Department for Business, Energy & Industrial Strategy
Published
17 July 2019
Last updated
29 June 2020 — See all updates

This guidance was withdrawn on

This competition is now closed to applications, and we have announced the successful bids.

Overview

Funded by the Energy Innovation Programme, the Green Home Finance Innovation Fund (GHFIF) competition is an important early step in making building fabric energy efficiency measures attractive to all consumers. It supports:

  • the Clean Growth Strategy aspiration to upgrade all homes to EPC Band C, where cost effective, affordable and practical, by 2035
  • the Buildings Mission ambition to at least halve the energy use of new buildings by 2030 and to halve the cost of renovating existing buildings to a similar standard
  • one of the Green Finance Taskforce recommendations to take a more activist approach to stimulate innovation in green finance products and services

The competition

The competition was launched in July 2019 and is now closed. A total of £1.8 million grant funding has been awarded to 3 organisations in the Green Home Finance Innovation Fund competition.

The 3 winning projects will develop different green finance products and will pilot them to incentivise energy efficiency retrofit in homes. Read more about the 3 winning projects.

Competition guidance documents:

Green Home Finance Innovation Fund Competition: guidance [withdrawn]

PDF, 1.57 MB, 86 pages

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Green Home Finance Innovation Fund Competition: stakeholder event questions and answers [withdrawn]

PDF, 745 KB, 4 pages

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Green Home Finance Innovation Fund Competition: stakeholder event presentation slides [withdrawn]

PDF, 1.06 MB, 24 pages

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Green Home Finance Innovation Fund Competition: questions and answers [withdrawn]

PDF, 713 KB, 5 pages

Contact

Email: GreenHomeFinance@ricardo.com

Updates to this page

Published 17 July 2019
Last updated 29 June 2020 + show all updates

  1. A total of £1.8 million grant funding has been awarded to 3 organisations in the Green Home Finance Innovation Fund competition.

  2. Questions and answers document added.

  3. Competition now launched. Guidance and other documents added, along with key dates.

  4. First published.

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