Green Home Finance Innovation Fund Evaluation

This document describes an evaluation of the Green Home Finance Innovation Fund (GHFIF), which was established to encourage the creation of green finance solutions for homeowners and to build an evidence base for consumer demand in the UK housing sector. The GHFIF, launched in July 2019, sought to address knowledge gaps and stimulate product innovation through grants. The evaluation, conducted by a collaboration of consultancies, utilized a mixed-method, theory-based approach, incorporating Contribution Analysis, Value for Money analysis, and Process Tracing. It involved stakeholder interviews, consumer research, and data collection across multiple phases to assess the program's process, output, outcome, and impact, while accounting for external factors such as policy changes and the Covid-19 pandemic. Key findings highlighted the importance of communication, program design, and the challenges in the application process and market engagement. Despite operational difficulties, the program was found to have a positive influence on the development of green home finance products. The final report will offer a comprehensive narrative on the GHFIF's impact and effectiveness. **This summary was written by an AI model and therefore should not be considered a definitive summary of the report. If you are aware of inaccuracies, please email evaluation.registry@cabinetoffice.gov.uk.**

Description

• Lead department: Department for Energy Security and Net Zero (DESNZ)
• Evaluation stage: A complete evaluation report
• Other departments: No other departments listed
• Evaluation types: Process evaluation
• Process methods: Individual interviews
• Grant information: This intervention is not distributing funding via a grant
• Government Major Project information: This intervention is not a major project
• Policies: No policies provided

Event Dates

• Event Name: Publication of final results
• Event date: February 2023

Evaluation Costs

• Cost: Not provided

Evaluation sharing

• Link(s) to published report(s): Yes
• Links to evaluation plans: No link provided
• Findings: Not provided
• Permission to share confirmed: Yes