The Green Living Grant was approved in July’s sitting of Tynwald and its core aim is to reduce emissions from homes on the Island, which account for 20% of all greenhouse emissions through fossil fuel based heating and hot water systems such as oil and natural gas.
The scheme will be run by the Department for Enterprise and is part of Isle of Man Government’s commitment to reach net zero by 2050. The need to incentivise people to retrofit such items forms part of the Government’s action plan to reach this target.
It is expected that the scheme could significantly lower emissions in around 1,200 properties and save nearly 100,000 tonnes of CO2 entering the atmosphere - the equivalent to taking 1,500 cars off the road over the next 30 years.
The scheme is expected to go live in October 2021.
For further information please see Green Living Grant