Green Deal Finance - UK-GBC Task Group Report
In October 2013, UK-GBC convened a Task Group to examine the issue of Green Deal finance. The first aim was to review the available evidence and ascertain whether the interest rate is actually
discouraging households from taking up the scheme, or otherwise negatively affecting its performance. Following this, the Group set out to understand what options are available to reduce the interest rate, presenting the associated costs and policy implications, and taking into account the estimated £7-11bn needed per year over the
next 15 years to fund a significant upgrade of the UK housing stock.
This report follows a previous UK-GBC Task Group report which examined how take-up of the Green Deal could be driven using structural incentives.