The UK Government’s Green Finance Institute (GFI) has found that scaling up green retrofitting of the UK’s existing housing stock would require investments of up to £65bn while supporting the economic recovery, as the Green Alliance calls for policy amendments to retrofitting in the UK.
Around 80% of the UK’s building stock for 2050 is already built
The GFI has today published a report outlining 21 financial ‘demonstrator’ projects that will be developed to finance the retrofitting of the UK’s existing housing stock, in order to meet the UK Government’s 2035 target of ensuring that as many homes as possible achieve an Energy Performance Certificate (EPC) rating of C.
The GFI set up the Coalition for the Energy Efficiency of Buildings (CEEB) in December 2019, which consists of 52 organisations and 85 individuals and has spent the last five months exploring financial barriers to retrofitting across owner-occupied,
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