Bank of Ireland has unveiled a suite of green loans and interest rates to encourage home owners and businesses to be more energy efficient. The new initiatives include a green interest rate discount for borrowers buying or building energy efficient homes, and a green home improvement loan for energy efficiency retrofits. Businesses, including farmers, will also be able to access reduced interest rates for investment in energy saving improvements.
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A new research project at UCD will aim to uncover key early lessons from the design and operation of nearly zero energy buildings (NZEBs) in Ireland. The NZEB standard will become mandatory in Ireland for dwellings from November.