Today the government has announced a £3 billion green investment package to drive forward green home improvements, decarbonise buildings and create thousands of jobs – helping to kickstart our eco-friendly economic recovery.
As the country recovers from the coronavirus pandemic, it is vital we do everything in our power to support and protect livelihoods across the nation whilst also preparing our economy for the future.
That is why as part of our ambitious ‘New Deal’ to rebuild Britain, we are committing £2 billion in grants – worth up to £5,000 per household and £10,000 for low-income households – for green home upgrades to help slash energy bills for consumers, £1 billion to decarbonise public sector buildings so we can meet our Net Zero 2050 target, and £50 million to pilot innovative approaches to retrofit social housing at scale to make them greener.
This will help to support thousands of new and existing jobs across the country, powering up the nation’s workforce and helping to kickstart our economy following the pandemic – building it back greener.