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Carbon Trust launches fund to cut costs for businesses

Carbon Trust launches fund to cut costs for businesses


 

The Carbon Trust has launched a new £7mn Green Business Fund aimed at cutting costs and reducing energy consumption for British businesses. Announced on Monday 18 April, the fund will provide capital for businesses to replace older, inefficient equipment, as well as provide expert advice to boost the efficiency and productivity of businesses. Eligible companies will be able to apply for up to 15% of project or equipment costs, up to a maximum of £10,000. Hugh Jones, managing director, advisory, at the Carbon Trust, said: “Our experience of working with thousands of companies across the UK indicates that year-on-year savings of 20% to 30% can be delivered through action on energy efficiency.”

 

Carbon Trust