A Transformational Energy Efficiency SME Advice

Transcript:A Transformational Energy Efficiency SME Advice:
A Transformational Energy Efficiency SME Advice and Loans Program for Mexico Carbon Trust participation in the workshop on Financial Instruments to Promote Sustainability and Climate Change Mitigation-The Experience from Financial Institutions in Latin America and the Caribbean Morelia, Michoacán, México, 29 November 2012 Daniel Buira Senior Manager, Innovation Daniel.Buira@carbontrust.co.uk +44 7801 817532 Agenda Carbon Trust is an independent company that helps partners and clients find the opportunities and face the challenges brought about from combating climate change We advise governments, businesses and public sectors We measure and certify products and organizations We help deploy and develop low carbon technologies We have stimulated and financed SME EE investment for over 10 years Good project economics, but known barriers hold back investment Our proven advice programmes have overcome these barriers to catalyse investment Our loans programmes have lent over £120m, and our awareness campaigns have transformed the UK market This year we collaborated with INECC and the British Embassy on a study to identify the SME EE opportunity in Mexico and design a programme to exploit it Large opportunity with human capital, information, and capital barriers holding back uptake Fragmented delivery picture, with sub-scale support for the opportunity However coordination, extended advice, national awareness, and additional capital can transform the landscape Setting up an SME programme in Mexico Identifying roles and partners Coordinating detailed design and planning rollout Launch, expansion, and ongoing delivery We have developed a number of approaches to overcome these barriers. For example our advice programmes have catalysed UK SME investment Total cost savings Lifetime project cost savings Lifetime energy savings Present value of total energy savings Capital investment Investment required to get the energy savings Policy cost Annual policy cost in £m (2009/10) (32) (252) 716 432 Catalysing ratio >13:1 Carbon Trust advice and support activities of £32m in FY2009/10 helped our customers save 5m tonnes of CO2 as well as create value for their companies, resulting in a “policy cost” of under £7/t Carbon Trust has also run two separate loans schemes, demonstrating that Energy Efficiency loans work 0% loans for the UK Treasury, lending over £120m to 3,500 SMEs between 2003 and 2010 All projects which received funds had a strong business case based on energy savings, with paybacks of 4 years or less. In addition they had to meet a “carbon threshold” of CO2 emissions reduction per £ The risk profile of the companies that