Retrofit revolution can cut emissions and deliver £7.5bn energy savings for UK
Retrofitting the UK s building stock with low-carbon solutions could reduce national energy costs by £7.5bn a year, create more than 150,000 jobs over a 10-year period and cut carbon emissions by 20%, MPs have been told.
The banks warn that a piecemeal, short-term approach would hinder the amount of finance that is funnelled into retrofitting efforts
Bankers for Net-Zero was set up in July last year. Barclays, Triodos, Tide, Handelsbanken and the Ecology Building Society in became the first banks to sign up to the commitment. The initiative sees banks lead cross-sector discussions with businesses and policymakers to outline ways to de-risk the net-zero and unlock capital to assist with the green recovery.