The collection of firms and organisations has been brought together by the Green Finance Institute, and will be chaired by its chief executive, Dr Rhian-Mari Thomas OBE.
Over the next 12 months, the group will design, develop and launch a portfolio of “scalable demonstrators” of new financial options which it believes will lead to more investment into the low carbon and resilient building sectors.
It will also conduct a review of the UK’s residential retrofit market, to pinpoint what barriers are preventing widescale upgrading of the existing housing stock.
Colin Fyfe (pictured), chief executive officer of Hinckley & Rugby Building Society and chair of the BSA’s Green Finance Taskforce, said mutuals were supportive of this “positive and timely” grouping.
He added: “Our newly formed, sector-led Green Finance Taskforce has been set up with the objective of improving the energy efficiency of the existing housing stock – making energy efficiency improvements as seamless as possible for homeowners. The links between us are clear.”
