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Banks such as Bank of America are adding more green financing packages.
By innovative we don't only mean new energy technology and new green financing mechanisms.
Of the more than 2,000 projects supported by the United Nations' "green" financing system intended to curb emissions, only 98 are in agriculture.
Because Ms. Scholtus had challenged herself to be environmentally responsible during every stage of home ownership, she began by researching green financing.
The group's new "green financing initiative" offers mortgages or refinancing to landlords who fix wasteful energy and water systems in their buildings.
The green financing initiative is aimed at correcting basic existing flaws rather than installing more advanced green technology like alternative fuels, solar panels and green roofs.
Similar(46)
For starters, a large carbon tax, if accompanied with "green finance," would stimulate enormous investment to retrofit the economy.
Carney used a speech in Berlin on Thursday to highlight green finance as an opportunity to boost financial stability while also tackling climate change.
Pay As You Save green finance, with repayments linked to the property, will require primary legislation and we'd expect them to be in available by 2012.
A statement from Halifax and Bank of Scotland (HBOS), read: "Green finance is clearly an area where lenders can play an important part.
"Old business models clearly need updating to respond to the green finance challenge - companies are not explaining how they are adapting to investors at present".
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