Roadmap for small builders to transition to green finance
The Home Performance Index has successfully linked green finance and sustainable homes for larger homebuilders with 22,000homes registered. However, there is a significant gap in knowledge and capacity for the smaller builders to access green finance through HPI certification.
The proposal will engage with financial institutions, funders and smaller home builders to develop for them a time defined pathway fortransition to more sustainable building practices from a basic entry level to higher levels for ambition. The pathway will align with EUtaxonomy based on 3rd party verified criteria. This is intended to move them from their current practice for design and development ofhomes to full alignment with national policy including the climate action plan, the national planning framework for compact growth,European sustainable building and climate policy. It gives financial institutions assurance that they are on a transition pathway toalignment with EU Taxonomy.
The intent is that home builders will be brought on a journey to understand and implement the essential often cost neutral criteriabeyond energy efficiency that are crucial to the delivery of sustainable housing and signal to the industry a clear direction of travel of both green finance and sustainable homes.
Collaborators:
Ardcairn Capital, Home Building Finance Ireland, Construction Industry Federation & AIB.