Introducing the conference
Climate change urgency is emphasized by global leaders, urging swift action. Green lending offers a solution, enabling funding for environmentally sustainable projects like energy efficiency improvements and electric vehicle adoption. Explore the impact of green lending in combating climate change and promoting sustainability.
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Presentation Transcript
Introducing the conference Dr Paul A. Jones Director of Research, Swoboda Research Centre Reader in the Social Economy, LJMU In partnership with
Welcome to our speakers Josephine Maguire, Sustainability Energy Agency Ireland Billy Doyle, Dundalk Credit Union David McDonnell, Naomh Breand n Credit Union Catherine Davenport, Capital Credit Union Se n Fleming, TD, Minister of State Finbarr O Shea, Bantry Credit Union Andrea Reynolds, swoop Se n Farrell, Strategic Banking Corporation Ireland Emily Pearson, Vancity Credit Union Terri Mickelsen, Climate Change Credit Union
What do we mean by green lending? A form of financing Funding projects that contribute to environmental sustainability Typically Retrofitting homes or offices to improve energy efficiency or introduce renewable energy sources Replacing petrol and diesel vehicles with electric ones Investing in re-use or recycle capabilities But also, where the purpose of the loan may not be green , but the interest rate of the loan is adjusted downwards if sustainability targets are hit 3
The Green Lending Opportunity Climate change is moving so much faster than the efforts we are expending or enlisting to address it The cost of inaction is catastrophic Michael D. Higgins, President of Ireland, to the UN General Assembly, September 2019 If we don t act now, it ll be too late David Attenborough, to the BBC, October 2021 And credit unions are already involved
