Business - 19/March/2021

New markets evolve to support SME transition

Small businesses face a hard time decarbonising due to financial constraints, a lack of expertise and time, and technological hurdles. The rise of new business and financing models, plus a helping hand from larger companies, are helping them on the path to carbon neutrality

The small and medium enterprise (SME) sector makes up 13% of the world’s energy consumption but high upfront costs of accessing clean energy solutions is a stopping these businesses from decarbonising their activities

ENERGY COMMUNITIES Smaller local businesses are accessing renewable energy by clubbing together in regional projects

SUPPLY CHAIN Customer-facing companies are helping their supply chain—largely made up of SMEs—to decarbonise but still require support and advice

KEY QUOTE Even though the return on investments in renewable energy and energy efficiency is widely recognised, the upfront investment may be a barrier preventing certain customers from investing ...

 

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