Carbon Trust 0% Interest Loans in Great Britain
September 30, 2009The UK Carbon Trust is now focusing only on Wales and Northern Ireland with its interest-free loans for Small and Medium Businesses. The scheme was eligible also for England and Scottland in the past, however was stopped in March 2011 in these two states.
| Country |
|
| Name of programme |
Carbon Trust Interest Free Loans |
| Type of incentive |
Loan |
| Eligible technologies |
Any project that can demonstrate energy saving in excess of the C02 threshold of 1.50 tCO2 per 1,000 Pound |
| Applicable sectors |
Small and medium businesses that are:
|
| Excluded sectors |
The acquisition or adaptation of vehicles, or to organisations involved in agricultural or fisheries products (production, processing, or marketing prior to the first sale) or export-related activities |
| Minimum loan |
3,000 GBP |
| Amount / maximum loan |
100,000 GBP |
| Terms of loan |
The 0 % interest loan |
| Requirements for system |
GBP 1,000 of loan for every 1.5 tCO2 saved per annum for a project. The size of the loan offered and its repayment period will be based on the projected CO2 savings of a project, which will be assessed by the Carbon Trust. |
| Finance provider |
Carbon Trust |
| Total funds |
100 million GBP |
| Effective date |
2003 accross the UK, however was stopped March 2011 in Scottland and England |
| Expiration date |
n/a |
| Last review of this tabloid |
February 2013 |
| How to apply |
Via the website |
| Website |
http://www.carbontrust.com/client-services/wales/loans-eligibility
http://www.carbontrust.com/client-services/northern-ireland/loans-eligibility |
