Notice

Green Home Finance Accelerator: Discovery Phase (competition closed)

Innovation funding for development of green finance products which can enable uptake of home energy efficiency, low carbon heating and micro-generation retrofit measures.

From:
Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
Published
22 October 2021
Last updated
19 May 2023 — See all updates

Documents

Green Home Finance Accelerator: details of the Discovery Phase projects

Green Home Finance Accelerator: Discovery Phase competition (closed) guidance

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Green Home Finance Accelerator Discovery Phase: Clarification questions (updated 13 December 2022)

More information about the Green Home Finance Accelerator (Carbon Trust site)

Details

The Green Home Finance Accelerator (GHFA) competiton provided grant funding to support UK finance providers and other organisations to design, develop and pilot a diverse range of innovative finance propositions which encourage domestic energy efficiency, low carbon heating and micro-generation retrofit.

The objectives of the programme were to:

  • support lenders and other providers to develop and pilot a range of innovative green finance products that enable home energy efficiency, low carbon heating, and micro-generation improvements
  • develop capability among finance providers in the design, development, and commercialisation of green finance products
  • develop partnerships between lenders, investors, energy efficiency, low carbon heating, micro-generation and property value supply chains
  • support lenders and other providers to investigate and understand consumer barriers and motivators for energy efficiency, low carbon heating and micro-generation investment
  • help to reduce consumer barriers to financing domestic low carbon heating, energy efficiency and micro-generation measures
  • establish an evidence base to enable effective design and development of future green finance propositions and inform future policy development

The Green Home Finance Accelerator: Discovery Phase awarded an initial £4,169,227.42 grant funding to 26 projects across Great Britain.

All Discovery Phase projects had the opportunity in October 2023 to apply to progress to a 15-month Pilot Phase.

Find out more

PricewaterhouseCoopers (PwC), supported by The Carbon Trust, was contracted to support the delivery of the programme.

The Green Home Finance Accelerator website provides further information.

Contact

For further information, or any questions, contact uk_ghfa@pwc.com.

Published 22 October 2021
Last updated 19 May 2023 + show all updates

  1. This competition is closed to applications.

  2. Question 54 added.

  3. Clarification questions (nos. 1-53) added.

  4. Green Home Finance Accelerator competition launched.

  5. Added links to slides and recording of the 20 July market engagement event.

  6. Details of a market engagement event on 20 July 2022 added.

  7. Added link to the Contracts Finder Supplier Early Engagement Notice for NZIP-GHFA.

  8. First published.

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