1、Barclays action plan for UK homes:How can government and the private sector accelerate home energy upgrades and support the UKs net zero transition?November 2024Electrifying the future:boosting the energy efficiency of UK homesCONTENTS|2Electrifying the FutureThe intended audience for this report is
2、 public policymakers and other actors engaged in shaping public policy.The report is general in nature and provided for information/educational purposes only.It does not take into account any specific investment objectives,the financial situation or particular needs of any particular person.It is no
3、t intended for distribution,publication,or use in any jurisdiction where such distribution,publication,or use would be unlawful,nor is it aimed at any person or entity to whom it would be unlawful for them to access.Barclays 2024About this report ContentsForeword 3Summary:Barclays action plan for UK
4、 homes 4The home energy efficiency and electrification landscape 5 Barriers 8Learning from History 14Time for a reset 15Roadmap 16 Collaboration 17Data 18Safety 18Education 19The UK has an ambition to be net zero by 2050.Today,the countrys 25 million homes contribute significantly to its carbon emis
5、sions.Improving home efficiency is not just a crucial step in achieving net zero targets,it is an opportunity to provide more comfortable,more affordable homes and greater energy security for millions of people.Barclays is ambitious for the UK and its potential for growth.Decarbonising the country,i
6、ncluding its housing stock,unlocks such opportunities and will require significant capital.We recognise the role Barclays has to play in facilitating finance,but also there is a need for a sector-wide approach.We have a deep understanding of the UKs consumer and retail landscape through serving our