Scottish Government Green Heat Finance Taskforce (External organisation)

Activity: Membership typesMembership of public/government advisory/policy group or panel

Description

The purpose of the Taskforce is to develop a portfolio of innovative financial solutions for building owners in Scotland to ensure that by 2045, our homes and buildings no longer contribute to climate change, as part of the wider just transition to net zero. The high level objectives of the Taskforce are provided below:
oBuild on existing evidence to set out the alternative sources of funding and financing for heat decarbonisation, including existing technologies and new technologies which may develop, by September 2023 for both the medium and longer-term requirements;
oExplore and potentially pilot new and value-for-money innovative financing mechanisms for individual and community level investment;
oAct as a catalyst for long term relationships and partnering across the public sector, the heat sector industry, wider supply chain, building owners and investor/financial institutions;
oSupport the alignment of the requirements for heat decarbonisation with the needs and investment activity across the wider energy system, considering returns and wider socio-economic benefits;

The Taskforce will make its final report and recommendations in September 2023 with interim findings provided by March 2023, ahead of the proposed introduction of new primary legislation in September 2023 (the proposed Heat in Buildings Bill), in order that there is a clear and identified range of financial support mechanisms available to support building owners to meet proposed regulatory obligations which would enter into force from early 2025. However, it will be essential that the Taskforce is delivery focused and drives partnership action throughout.

Members
•Patrick Harvie MSP, Minister for Zero Carbon Buildings, Active Travel and Tenant’s Rights; (Co-Chair)
•Kirsty Hamilton OBE, Independent;
•Sandy Begbie CBE, Chief Executive Officer Scottish Financial Enterprise;
•Ingrid Holmes, Executive Director of Green Finance Institute;
•Eddie McAvinchey, Executive Director Sustainable Investment The Scottish National Investment Bank;
•Ian Cochran; Edinburgh University Business School/Institute for Climate Economics
•Lewis Shand Smith, Energy Consumers Commission;
•Helen Melone, Senior Policy Manager Scottish Renewables;
•Sara Thiam, Chief Executive Scottish Council for Development and Industry; (Co-Chair)
•Andy Kerr, Director Climate KIC;
•Rufus Grantham, Managing Director Bankers Without Boundaries;
•Simon McWhirter, Director of Communications and Policy UK Green Building Council Scotland.
PeriodJan 2022 → …
Held atScottish Government Green Heat Finance Taskforce, United Kingdom
Degree of RecognitionNational