Green Deal for businesses should be re-launched according to report

2nd December, 2013

According to a new report that has just been released by Westminster Sustainable Business Forum and Carbon Connect the Government should re-launch the Green Deal for SMEs (small and medium sized businesses), to allow them to be able to access cheaper rate loans in order to make energy efficient improvements to their businesses.

The report clearly shows that there is a large lack of available capital for SMEs who wish to make energy efficient improvements in the United Kingdom. The capital to make the energy efficient improvements is one of the only barriers stopping businesses from making the step, a re-launch of the Green Deal for businesses could respark that much needed interest in energy efficiency.

The report that has been released has suggested that the Government launch a website hosted by the Department of Energy and Climate Change, this will provide guidance to all business energy efficiency schemes and energy performance of commercial buildings statistics.

Re-launching the Green Deal for SMEs would help bring cheaper business energy bills across the board. But to make the a potential re-launch of it successful then the Government needs to educate the senior management level people about the advantages of energy efficiency within businesses.

Oliver Colvile MP, Inquiry co-chair has spoken about the report by Westminster Sustainable Business Forum and Carbon Connect… “The need to increase the resilience of our businesses against the threat of climate change and energy price volatility could not be greater. The obvious cost savings, coupled with improved productivity that can be realised from energy efficiency, makes it quite clear that now is the time to invest on a large scale. To do that requires government intervention – to raise awareness, guarantee low cost loans, stimulate the market and incentivise the landlords.”

Source: All About Savings

The Autumn Statement will be live streamed during a policy debate: "What future for ECO?" at the Retrofit Summit on 5 December at the Business Design Centre, London. Jonathan Reynolds MP, Shadow Minister for Climate Change will start the debate with a keynote address, sharing his views and ideas for retrofitting the nation's buildings. The policy debate will include industry experts from the likes of Willmott Dixon, Places for People and Npower.

To view the full speaker programme, CLICK HERE.

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