Decarbonising the UK’s homes is one of the biggest financial and logistical challenges of the net zero transition. The UK’s Climate Change Committee estimates reaching net zero in residential property alone by 2050 will require an estimated £311.5 billion capital investment – most of which is expected to come from the private sector[1]. The UK’s mortgage market – worth £242 billion a year[2], with nearly £1.7 trillion in outstanding lending[3] – plays a crucial role in deploying this investment. To accelerate action, the Green Finance Institute (GFI), in partnership with…
Read More34 leading organisations back industry action plan to accelerate sustainable mortgage lending
