Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government, further to the remarks by Baroness Taylor of Stevenage on 14 May (HL Deb cols 2301), what plans they have to introduce property-linked finance for energy efficiency improvements.
The Government recognises the important role that private finance can play in supporting with the upfront costs of energy efficiency improvements and low carbon heating. We are reviewing property-linked finance schemes implemented in countries such as the United States, Australia and Canada. We will continue to explore options for working with the private sector, including banks and building societies, to scale up private finance and support owners and businesses to future-proof their buildings.