Financing strategy
Once you have developed your sustainability or emissions reduction/net zero strategy, one of the next steps is thinking about how your identified projects will be financed. You need to plan ahead to align with your strategic and operational plans, budgetary cycles and making sure that you are meeting your targets. It’s important to determine the best ways to finance your net zero projects, given your circumstances and objectives. Some financing options require money from the budget; some might be free, or co-funded via grants, and some might be loan-financed or financed via third parties such as lease or EPC providers. There are also other, more innovative options such as the establishment of an internal carbon price, an onsite solar PPA, the creation of a revolving energy fund, or the establishment of a community energy project.With all those different financing options, there are varying degrees of skills, human resources, internal systems and processes required to help set them up and maintain them.
