The Green Finance Institute (GFI) has launched its Certificate in Green Mortgages programme in Scotland, in partnership with the Scottish Government, to advance home decarbonisation efforts.
This expansion of the Certificate in Green Mortgages aims to educate mortgage and property professionals in green home financing, supporting the £13.8bn Scottish and £240bn UK mortgage markets towards a greener built environment.
Chloe Timperley, green mortgage campaign lead at GFI, said: “Scotland’s ambition to achieve net zero by 2045 makes it a natural next step for our Green Mortgage Certificate.
“Conversations about sustainability and energy-efficient home upgrades need to become a standard part of every advice journey, ensuring that all borrowers understand the options available to them.
“Guided by the leadership of the Scottish government, green mortgages are an essential part of ensuring Scotland tackles its built environment emissions and energy use.”
Acting Minister for Climate Action Dr Alasdair Allan said: “The development of Scotland’s green finance sector is crucial to delivering a fair, resilient, and energy independent future in the built environment.
“This new training programme is a key step in ensuring mortgage professionals have the tools they need to help homeowners and landlords finance the transition to low-carbon, energy-efficient homes, a change which will help deliver health benefits and energy bill savings for individuals as well as supporting delivery of wider net zero targets.”
Gordon Reid, learning and development specialist at the London Institute of Banking & Finance (LIBF), said: “For many mortgage brokers, the subject of green finance remains shrouded in mystery.
“The GFI Certificate in Green Mortgages is an invaluable tool in educating brokers and enabling them to have effective conversations about green finance options with their customers.
“Here at LIBF, we are delighted to accredit the training in recognition of the quality of the learning materials and its contribution to the continuous professional development of advisers.”
