Lots of people have argues that energy efficiency and other "green" improvements should improve the value of a house, at least commensurate with the investment, but survey data on the ground has been hard to come by.
The formal coalition agreement between the UK Conservative and Liberal-Democrats, released today, lists two key initiatives that have been part of Climate Bonds Initiative proposals:
- The creation of a green investment bank.- The provision of home energy improvement paid for by the savings from lower energy bills.
Also in the agreement is the provision of a floor price for carbon, something investors have been calling for.
All three are important and necessary changes relevant to governments everywhere.