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BSA signs up to energy efficiency financing group

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  • 11/12/2019
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BSA signs up to energy efficiency financing group
The Building Societies Association (BSA) has joined the Coalition for the Energy Efficiency of Buildings (CEEB), a group which will look at how to finance improving the energy efficiency of existing properties, as well as developing new homes to zero carbon standards.

 

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.”

 

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