AIB and the Irish Green Building Council (IGBC) today announced a partnership to support Ireland’s transition to a more sustainable built environment through research, education and the provision of green products. AIB is a leading lender to the Irish house building sector, while the IGBC is a registered charity that advocates for green policies, provides education […]
Home Building Finance Ireland (HBFI) have launched a new green loan product offering a discount of up to 0.5% on loans to homebuilders for developments certified with Irish Green Building Council’s Home Performance Index certification. The HBFI Green Funding Product is the first Irish green financial product fully aligned to the Paris Agreement and EU […]
By Ciaran O’Leary, Head of Sustainability at i3PT Money, money, money …… money makes the world go around. That’s an old saying, which is really applicable to the financial markets. Unfortunately for the sustainability sector, this wasn’t a saying which seemed to apply to them. But along came the ICMA and the Green Bond Principles […]
Friday, 27th November: The role of the finance industry in supporting the development of greener homes was extensively discussed at the Irish Green Building Council’s annual residential conference today. Ireland can only reach carbon neutrality if new homes are built in a truly sustainable way and institutional investors are getting serious about sustainability. These were […]
The Irish Green Building Council as an established member of the World Green Building Council is delighted to launch a new report setting out a vision for how mortgage lenders and borrowers can come together to help tackle climate change by improving millions of properties in Ireland and Europe. The report calls on lenders, industry and […]
Buildings are responsible for 36% of CO2 emissions in Europe and making them more energy efficient is critical in reaching our climate targets. While recent increases in government incentives are part of the solution, the scale of the challenge means that private investment must be mobilised.
New study shows strong demand for energy efficient mortgages
The Irish Green Building Council has launched today (12th Feb.) ground-breaking new proposals for a European ‘energy efficiency mortgage’ scheme, which pioneering banks and buildings experts are preparing to pilot.
Efforts to cut emissions from Europe’s building stock received a major boost as the European Commission said it was considering lowering capital requirements for banks in order to help reward consumers investing in energy efficient buildings.
One can be forgiven for embracing a pessimistic view on the future of retail banking: low margins, huge adaptation costs to digitalisation, and new regulatory burdens are constantly – and rightly – mentioned as the biggest challenges for the industry. However, what if retail banks could reinvent themselves as, well, retail banks, committed precisely to […]
Energy efficient mortgages could play a central role in Europe’s new strategy for sustainable finance, states a White Paper published today under the EU funded ‘Energy Efficient Mortgages Action Plan’ Initiative – which sets out key recommendations towards the creation of an energy efficient mortgage product for Europe. With further details on the EU’s plans […]