Two projects funded just before the holidays by @UKERCHQ and lots of exciting work now ahead over the next two years!

The first project is with @DocSteveHall @LucieMiddlemiss @dr_anneowen, @IainCairns4 @hannon_matthew, and @mcbrisb @BrownSdc.

Here’s what we’re doing...
Energy policy tends to focus on how many homes need to decarbonise through building retrofit and smart systems, thus missing a vital sociological insight:

Homes don’t make decisions, people do.
People exist in complex networks of social relations that influence their preferences and subsequent decision-making. In making financial choices, people are relational not rational - an insight we draw from Viviana Zelizer @BandeljNina @ProfessorWherry and others.
For example (and hold on to your hats), during 5 months of the UK’s first COVID-19 lockdown, we estimate people borrowed around £55BN for cosmetic renovations (c.£4K / home). This is x26 the UK Govts commitment to a green recovery through £2BN of green homes / clean heat grants.
Working with case study partners in Brighton, Glasgow, and Leeds, this first project asks:

1. How can energy policy be best designed to leverage the billions of pounds homeowners already spend on consumer if renovation into efficient green energy/heat retrofit?
2. How can this change be achieved through coordinated action at the local level, with strong connections to national government?

3. How do people’s social relations influence their financial choices, and how can this inform a new policy framework for meeting net zero targets?
The second project is led by colleagues @BristolUniLaw @cabotinstitute @ecioxford and @CREDS_UK

With case study partners in Bristol, Oxford and Norfolk we will explore how procurement and #placebased #finance shapes #netzero delivery at a local scale.
Whether local authority, community or business-led, public procurement and place-based finance must play a key role in facilitating and upscaling local net zero implementation. The project will look at a range of scenarios beyond the PWLB for financing net zero projects.
This includes the Community Municipal Investment (CMI) structure created through my research with @AbundanceInv that has already raised £2M to finance #netzero projects @WestBerkshire and @WarringtonBC

In assessing procurement in facilitating innovative finance options, we ask:
1. How do public procurement and place-based finance instruments influence local authority, community and business leadership of local net zero projects?

2. What role do they play in determining the scope / scale of energy demand and net zero energy service delivery?
3. Under what conditions can they contribute to replication and upscaling?

Lots of synergy across both of these Flex Fund projects and a huge opportunity to work with and contribute to the @UKERCHQ community over the next 2 years, I can’t wait to get started 😃
For example (and hold on to your hats), during 5 months of the UK’s first COVID-19 lockdown, we estimate people borrowed around £55BN for cosmetic renovations (c.£4K / home). This is x26 the UK Govts commitment to a green recovery through £2BN of green homes / clean heat grants.
Working with case study partners in Brighton, Glasgow, and Leeds, this first project asks:

1. How can energy policy be best designed to leverage the billions of pounds homeowners already spend on consumer if renovation into efficient green energy/heat retrofit?
2. How can this change be achieved through coordinated action at the local level, with strong connections to national government?

3. How do people’s social relations influence their financial choices, and how can this inform a new policy framework for meeting net zero targets?
The second project is led by colleagues @BristolUniLaw @cabotinstitute @ecioxford and @CREDS_UK

With case study partners in Bristol, Oxford and Norfolk we will explore how procurement and #placebased #finance shapes #netzero delivery at a local scale.
Whether local authority, community or business-led, public procurement and place-based finance must play a key role in facilitating and upscaling local net zero implementation. The project will look at a range of scenarios beyond the PWLB for financing net zero projects.
This includes the Community Municipal Investment (CMI) structure created through my research with @AbundanceInv that has already raised £2M to finance #netzero projects @WestBerkshire and @WarringtonBC

In assessing procurement in facilitating innovative finance options, we ask:
1. How do public procurement and place-based finance instruments influence local authority, community and business leadership of local net zero projects?

2. What role do they play in determining the scope / scale of energy demand and net zero energy service delivery?
3. Under what conditions can they contribute to replication and upscaling?

Lots of synergy across both of these Flex Fund projects and a huge opportunity to work with and contribute to the @UKERCHQ community over the next 2 years, I can’t wait to get started 😃

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