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Chamber and committees

Question reference: S6W-04183

  • Asked by: Monica Lennon, MSP for Central Scotland, Scottish Labour
  • Date lodged: 5 November 2021
  • Current status: Answered by Patrick Harvie on 19 November 2021

Question

To ask the Scottish Government when it plans to announce the composition of the Green Heat Finance Taskforce.


Answer

The Scottish Government’s Heat in Buildings Strategy, published in October 2021, committed to establishing a Green Heat Finance Taskforce by the end of 2021. The purpose of the Taskforce is to develop a portfolio of innovative financial solutions involving the private, public and third sectors 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 Taskforce will forge a new partnership approach between the Scottish public sector, heat decarbonisation experts and the financial sector to explore potential new and value for money innovative financing mechanisms for individual and community level investment in zero emissions heat. The Taskforce has a crucial role in shaping how the transition to zero emissions heat in Scotland’s buildings is financed, therefore the membership of the Taskforce will be drawn from expertise including green finance, the heat and energy efficiency sector and consumer groups. Further details of the composition of the Taskforce will be provided by the end of 2021.