The taskforce will create a plan on how the UK can reduce total energy demand from buildings and industry by 15 per cent by 2030 when compared to 2021 levels.
According to the Odyssee-Mure Project, which monitors efficiency trends in Europe, energy efficiency for UK consumers improved by around 30 per cent between 2000 and 2018 - around 1.6 per cent per year.
NatWest chief executive Dame Alison Rose will be the co-chair of the new body just weeks after her bank said it would reduce lending to oil and gas firms as part of a new climate change initiative.
“Addressing the climate crisis is a team sport and building vital partnerships between the public and private sector is the key to tackling this challenge at pace,” she said.
“Improving energy efficiency will not only drive a lower carbon environment, but also deliver greater economic security through lower bills for people, families, and businesses right across the UK.”
Lord Callanan will also be a co...