The Net Zero Timebomb: 2.4million Homes Need Urgent Decarbonising Action Plan

The Net Zero Timebomb: 2.4million Homes Need Urgent Decarbonising Action Plan

PR Newswire

LONDON, July 15, 2020

LONDON, July 15, 2020 /PRNewswire/ -- A new report by IPPR, supported by Housing Association Stonewater, shows that at least 12 million homes in England need to be fitted with heat pumps and new energy efficiency measures, if the UK is to meet its net zero targets by 2050, and lift millions of households out of fuel poverty.

In his Budget announcement last week, the Chancellor pledged £50million on a pilot to fund the decarbonisation of social housing properties. However, this pilot will only benefit a fraction of those who need it most.  

This latest IPPR report sets out a detailed 'Home Improvement Plan' (HIP) to deliver the energy efficiency and low-carbon heating measures needed to reduce energy demand and emissions.

The report outlines an ambitious plan for decarbonising all homes in England but makes the case for the social rented sector to be prioritised, to deliver a wide-reaching programme that delivers at the scale needed. 

Stonewater CEO, Nicholas Harris, said: "Urgent action is needed to decarbonise our homes. Without support and intervention, tenants will suffer from inefficient homes and high energy bills – or choose between paying for heating bills or putting meals on the table. Time is running out, and the sector and Government must act now."

The report shows: 

A challenging reality for England's social housing tenants  

Over the next ten years, £36billion is needed to retrofit 1.76 million social rented homes – reducing household emissions and eliminating the risk of fuel poverty. By region, this means:

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