DEFINITION: A UK Government policy launched in 2012 to provide properties with loans for energy efficiency measures. The loans were repaid through energy bills and transfer with the property rather than those who took out the loan. High interest rates and charges of the scheme resulted in a lack of demand for the Green Deal, and the programme was scrapped by the Conservative Government in 2015.
Business and investor giants urge EU to raise 2030 emissions target
More than 150 businesses and a group of investors with €33trn in assets under management have today (15 September) called on the European Union (EU) to back the ambitions set out in its Green Deal by committing to reduce greenhouse gas emissions by at least 55% by 2030.