The Carbon Trust and Siemens have launched a new scheme to provide UK manufacturers with green equipment finance.
Research carried out by the Carbon Trust and Siemens has shown that the estimated market for energy-efficient equipment finance over the next three years in the manufacturing sector is £4.6 billion.

The new scheme is designed to 'boost green growth and unlock business investment in the low carbon economy'.

The scheme will aim to enable investment in such technologies as low energy lighting, energy efficient motors, low carbon air conditioning or biomass heating.

Any business is able to apply for new green growth finance from the scheme, which is designed to match monthly payments with the equivalent savings from lower energy consumption.

Myles McCarthy, general manager of Carbon Trust Implementation Services, commented: 'The introductory few weeks of the new scheme have shown that there is a huge desire among British business to invest in energy efficient equipment. Up to now, a missing ingredient has been access to affordable finance to enable business to make those green investments. This new major finance facility - which matches monthly payments to real monthly energy cost savings - will improve business competitiveness, cut carbon and boost the green growth.'

Any business wishing to apply to the scheme for energy-efficient equipment finance, or any equipment supplier wishing to offer the scheme to its customers, should visit: http://www.energyefficiencyfinancing.co.uk