Event Details

In May 2023, the Australian Government announced a $1 billion Household Energy Upgrades Fund to fast-track energy efficiency retrofits of Australian homes. The Fund will be administered by the Clean Energy Finance Corporation (CEFC) working with delivery partners such as banks, non-bank lenders and energy retailers to offer discounted consumer financial products to help households improve the energy performance of their homes. These could include green home loans, green personal loans, and other approaches such as on-bill financing.


Join us for a webinar to learn how the HEUF can help accelerate home energy upgrades for Australian homes and hear international examples of home retrofit finance – what works, what doesn't, and how to design for success. Grace Tam, Head of Consumer Finance at the CEFC will give an update on the HEUF. Then experts from leading industry bodies and financial institutions in the UK and US will speak to the range of finance approaches that are being deployed in those jurisdictions and beyond.


Topics will include:

  • Green mortgages for home retrofits
  • On-bill financing through energy retailers
  • "On-property" or "PACE" financing that is attached to the property not the home-owner
  • Supporting low-income households to access the benefits of energy efficiency
  • Stimulating household demand for energy efficiency
  • Safeguarding consumers against risks such as unsafe installation
  • And the role of the broader eco-system – including policy and funding – to support a functioning market for home energy efficiency finance.

Speakers

  • Grace Tam (Head of Consumer Finance at Clean Energy Finance Corporation)

    Grace Tam

    Head of Consumer Finance at Clean Energy Finance Corporation

    Grace Tam leads the consumer finance program at Australia’s green bank where she works with finance and non-finance partners to create consumer loan products that support the decarbonisation of Australian households. This ranges from rooftop solar systems, home batteries, to home energy efficiency and electric vehicles. She is also a specialist in sustainable finance, including GSS bonds and sustainable finance taxonomies. Grace has over 20 years of experience in the banking and finance industry, with over seven of those years being in sustainable finance.

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  • Emma Harvey-Smith (Programme Director of Green Finance Institute)

    Emma Harvey-Smith

    Programme Director of Green Finance Institute

    https://www.greenfinanceinstitute.com/programmes/ceeb/

    An experienced and passionate green finance specialist, Emma Harvey-Smith leads the UK Green Finance Institute’s built environment programme. Since joining the GFI in 2019, Emma has chaired the 400+ member Coalition for the Energy Efficiency of Buildings (CEEB), and now oversees a multi-faceted programme that catalyses and scales green building finance markets through industry collaborations, product development, place-based partnerships, and strategic engagement with local, devolved and national, government .

    Emma sits on the UK Government’s Energy Efficiency Taskforce and Solar Taskforce, Scottish Government’s Green Heat Finance Taskforce, and is a non-executive director of Trustmark and the Future Homes Hub. Emma previously worked across several areas within Barclays Bank including product development, portfolio management and corporate debt structuring. Throughout this period she championed the green finance agenda, supporting the bank’s first green bond issuance and pioneering the Barclays’ green home mortgage.

    Emma sits on the UK Government’s Energy Efficiency Taskforce and Solar Taskforce, Scottish Government’s Green Heat Finance Taskforce, and is a non-executive director of Trustmark and the Future Homes Hub.

    Emma previously worked across several areas within Barclays Bank including product development, portfolio management and corporate debt structuring. Throughout this period she championed the green finance agenda, supporting the bank’s first green bond issuance and pioneering the Barclays’ green home mortgage.

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  • Bruce Mast (Principal at Ardenna Energy)

    Bruce Mast

    Principal at Ardenna Energy

    Mr. Mast is a nationally recognized thought leader focused on leveraging market forces to accelerate decarbonization investments behind the customer meter in the US market. His work has spanned program and policy development around green building labeling, the market value of time of sale disclosures, HVAC contractor business models, and pay-for-performance programs. He is a co-author of the Building Decarbonization Coalition white paper Towards an Accessible Financing Solution. Mr. Mast presently leads the TECH Clean California initiative’s Inclusive Utility Investment pilot.

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  • Jayson Uppal (Sr. Director, Products & Markets of Posigen)

    Jayson Uppal

    Sr. Director, Products & Markets of Posigen

    Jayson has over a decade of clean energ experience spanning work with governments, utilities, and developers. Jayson is currently the Sr. Director of Products and Markets at PosiGen. In this role, he identifies and facilitates the launch of new market opportunities and product offerings to advance PosiGen's mission. Prior to joining PosiGen, Jayson was Manager of Solar and Storage Product Growth at National Grid, where he led a team dedicated to expanding clean energy access to customers across the utility’s service territory. Under his leadership, the team designed and received regulatory approval for a 300 MW low-income community solar program in NY, a low-cost flexible interconnection scheme for solar projects under 5 MW, and a new billing mechanism for community solar projects that reduce administrative costs and risk for serving low-income customers. Jayson holds degrees from Yale University’s School of Management and School of the Environment, as well as Tufts University’s School of Engineering.

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  • William Peterson (Senior Lending Office and Director of Climate Lending at Amalgamated Bank)

    William Peterson

    Senior Lending Office and Director of Climate Lending at Amalgamated Bank

    Bill was previously the Chief Credit Officer at San Francisco based New Resource Bank, and moved to New York in his role as Senior Lending Officer and Director of Climate Finance after the merger with Amalgamated Bank in 2018. While at New Resource, Bill was a pioneer in developing the concept of sustainable lending, working with the Global Alliance of Banking on Values, B-Lab and other organizations to develop metrics and best practices around values based banking. At Amalgamated, he participated in the North American PCAF working group to develop an accounting method in which banks can measure the carbon output of their loans and investments.
    Over the past 3 years, the Climate Finance division has grown tremendously, and now accounts for approximately one third of the Bank’s lending portfolio. After a 30 year career in traditional commercial banking, he appreciates the opportunity to take the impact lending philosophy to a national platform at Amalgamated.

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  • Erika Moreira (Barclays)

    Erika Moreira

    Barclays

    Erika is a Senior Product Manager at Barclays and leads the bank’s sustainability strategy for mortgages. This includes developing products and propositions to help mortgage customers navigate the transition to low carbon homes, working on the bank’s net zero strategy for mortgages, and considering how climate change might in turn impact on our customers’ homes. She is originally from Brazil, and lives in London with her husband and two children.

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