Local authorities agree to net zero plan
London Councils, which represents local authorities in the capital, said all 33, including the City of London, have signed up to the scheme
Councils have committed to upgrading all their housing stock to an average energy performance rating of EPC B by 2030 to drive a 鈥渄ramatic decarbonisation of London property鈥�.
The cost of achieving net zero in London by 2030 will be around 拢98bn, London Councils estimated supporting 200,000 jobs.
A London Councils spokesperson said the plan relies on 鈥渢argeted government investment, facilitating new private financing opportunities and encouraging funding by landlords and individual households鈥�.
The plan, known as the Retrofit London Housing Action Plan, sets out agreed actions for local authorities.
Boroughs would need to retrofit their own stock of 390,000 council homes and help to facilitate retrofit on the whole housing stock across London鈥檚 3.8 million homes.
The plan comes ahead of the expected announcement the government鈥檚 long-awaited Heat and 黑洞社区s strategy this week, which is expected to set out plans to decarbonise the UK built environment.
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