A concessional financing scheme with an education campaign, in partnership with financial institutions, would have low costs, significant benefits and can be piloted first and expanded later.

• There is an urgent need for government across Australia to develop a comprehensive set of policies to drive down emissions from households and small businesses.
• The biggest barriers to achieving emissions reductions are upfront cost an public understanding of the benefits.
• A concessional finance program can be used by government to incentivise customers to invest in an area that reduces emissions. It would provide customers with access to cheaper finance, speeding up emissions reduction activities at a very low cost to government.
• A concessional financing scheme with an education campaign, in partnership with financial institutions, would have low costs, significant benefits and can be piloted first and expanded later.
• Concessional finance can be used to fund a wide range of emission reduction activities, including replacing inefficient
  gas and electric hot water and central heating systems with electric heat pumps, home batteries, insulation, electric car chargers and e-bikes.