Guide to Funding and Financing Opportunities for Energy Efficiency Retrofit in London
The Mayor’s Climate Change Mitigation and Energy Strategy sets out a target to reduce London’s carbon dioxide (CO2) emissions by 60% by 2025 (from 1990 levels), a saving of 18 million tonnes (mt) of CO2 per annum by 2025. London’s boroughs and social housing
providers also have their own carbon reduction targets.
As homes account for 36% of London’s CO2 emissions, and as 80% of London’s buildings will still be standing by 2050, a strong retrofit programme is key to delivering the Mayor’s and boroughs’ targets.
However, the delivery of domestic retrofitting in London has historically been lower than elsewhere. London has only received 5% of measures delivered under previous Government funding schemes, compared to a 12% share of population and a 14% share
of the most deprived areas that are eligible for additional funding.
This guide identifies potential sources of funding and finance available to London Boroughs, Registered Providers of Social Housing, private landlords and individuals to pay for energy efficiency retrofit measures in their housing.