Earlier this week I sent you a note about our "LEEP" project to develop capital markets financing solutions for residential eco-refurbishment (energy efficiency + micro-renewables). It's a UK project at the moment, with plans to extend our work to other countries. Key features of the model are:
- Local Authorities facilitating and supervising local loan funds and service delivery for households.
- A mix of policy and service delivery solutions that will address barriers to eco-refurbishment being taken up by householders.
- Re-financing loan funds by issuing climate bonds designed to meet the needs of institutional investors.