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"There's a real opportunity for financial services companies in linking together the pieces of the financial services ecosystem and government goals on carbon reduction."

DANIEL MEERE, FINANCIAL SERVICES
CONSULTING, PA CONSULTING GROUP

Lenders have potential to help protect the planet

Sarah Murray

Financial Times

22 March 2011


PA has been quoted in the Financial Times special report ‘Business and the environment’.  PA gives it's views on why finance is a big issue in the drive for sustainability.

"There's a real opportunity for financial services companies in linking together the pieces of the financial services ecosystem and government goals on carbon reduction."

PA goes on to comment on how the public sector could help, and specifically whether governments matching the difference between the interest rate banks offer when lending to sustainable projects and that for commercial projects would work: “That might be a way of sensibly allocating some of the government funding behind these initiatives, providing an incentive for banks to offer these products and creating the right conversion imperative for people to save money on a loan by choosing sustainable products."


For more information on PA’s financial services expertise, please click here.

   
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