Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 12 January 2023 to Question 114600 on UK Infrastructure Bank, what recent discussions his Department has had with the UK Infrastructure Bank on the introduction of concessional loans similar to those made by the German KfW bank to help create a retrofit mass-market.

BEIS officials have discussed a range of green finance models for retrofit with the UK Infrastructure Bank in recent months. This has included discussion of the concessional loans model delivered by KfW.