Carbon Trust 0% Interest Loans in Great Britain
The 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 |
