The Scottish National Investment Bank (SNIB) has called on the Scottish Government to prioritise revisions to building regulations with the aim of avoiding “costly” retrofitting.
A new report from the development bank, focused on how the nation can reach net zero by 2045, points out that £33bn is required by 2045 to transition Scotland’s heating away from “carbon-intensive fuels and low efficiency”.
It estimates that £5bn alone is required to replace the existing fossil fuel heating systems in homes on a like-for-like basis.
