Green Finance and Government Funding

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The Department for Business, Energy and Industrial Strategy (BEIS) regularly opens a number of funding competitions to finance clean energy projects including grants for residential decarbonisation.

Find out more on their website: Department for Business, Energy and Industrial Strategy

The UK Infrastructure Bank 

The UK Infrastructure Bank, established in July 2021, manages £22 billion in financing to support the UK government’s policy agenda, including its ambitious Net Zero targets. As one example of its work in clean energy, the Bank is currently undergoing an Expression of Interest process to identify opportunities in electricity storage. You can find out more at their website below:

UK Infrastructure Bank – Home

The Local Government Association’s Green Finance Guide

The Local Government Association have produced  to provide both practical guidance and examples of good practice to support councils in England to find the most appropriate and affordable ways to finance their green ambition. Find out more below:

Financing Green Ambitions | Local Government Association

South West Net Zero Hub Lendology Fund Report

The South West Net Zero Hub has recently commissioned VIA Analytics among others to investigate the potential for a £100 million retrofit fund targetting the ‘able to pay’ domestic household market. The report outlines the viability of such a proposal and scopes out potential delivery mechanisms. The report can be accessed via the below link:

South West Net Zero Hub Lendology Fund Report

Other green finance organisations

There are several organisations that tailor finance to sustainable and green ends, check out the links below to find out more:

https://www.greenfinanceinstitute.co.uk/

https://www.uksif.org/

Check out the latest funding opportunities available