The Finance and Leasing Association (FLA) has
spoken out on the importance of asset finance companies in
financing a low carbon economy.
The FLA’s comments come in the wake of the
publication of the Green Investment Bank Commission’s plans for
“delivering Britain’s low carbon future”.
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In a report commissioned by the Conservative
party, the Commission states Britain will need a “green bank” to
meet its goals to cut carbon emissions and reduce fossil fuel usage
by 2020.
Julian Rose, head of asset finance at the FLA,
said: “Asset finance companies could play an important role in
financing a low carbon economy.
“The report published today recognises the
importance of risk sharing.
“A modest amount of risk sharing by the
government, in return for a fee from asset finance providers, would
go a long way to achieving the Commission’s objectives.
“We look forward to discussing the finance
options with the Government in more detail.”
Claire Hack
