Irish credit unions are seeing a rise in larger loan amounts as homeowners invest in energy saving improvements and electric vehicles. Through the Greenify product, borrowers can access lower interest rates to fund solar panels and home retrofits, with loan values nearly doubling the previous average for credit union members. To track the actual environmental impact, the program uses a carbon calculator based on verified Irish data. This allows credit unions to estimate the specific tonnage of carbon dioxide saved annually through these green energy investments.
