Energy UK responds to the Government's launch of the Green Finance Strategy
Responding to the Government's launch of the Green Finance Strategy today, Energy UK's chief executive, Lawrence Slade said:
“With the net-zero target in place, attracting the billions of investment needed to deliver this transformation will be crucial - so we welcome the Green Finance Strategy but it will also need to be accompanied by the right policies and long term certainty that such investment requires.
“Net-zero will also mean finally getting serious about making our housing stock energy efficient so it’s also positive to see support for creating financial products like green mortgages that will help incentivise this. While new financial products and innovative ways of retrofitting properties have an important part to play, the scale of the challenge - an estimated 19 million homes in the UK needing improvements – means that we must also have a combination of strong regulations and incentives that will drive change and demand from able-to-pay households to invest in energy efficiency.”