Source · Select Committees · Environmental Audit Committee

Recommendation 31

31

The Government should work with the financial services sector to devise and implement a communications...

Recommendation
The Government should work with the financial services sector to devise and implement a communications strategy to raise awareness about, and to encourage the uptake of, appropriate types of financing measures already on the market being offered, such as green mortgages. (Paragraph 134) Energy Efficiency of Existing Homes 61
Government Response Accepted
HM Government Accepted
We agree with the Committee that consumer awareness is a vital component in delivering retrofit at scale. We have been engaging with a wide range of stakeholders, including many organisations from the financial services sector, on ways to improve consumer advice and awareness. In our consultation, Improving Home Energy Performance Through Lenders, we also asked respondents how we might ensure that intermediaries, such as mortgage brokers, have access to the information necessary to advise consumers. We will carefully consider responses to this as part of our ongoing policy development.