«

»

S&P’s Mike Wilkins writes for the AFP about the growing importance of identifying energy efficiency risks

EKO_symbol_cmykIn an article for the Association for Finance Professionals, Michael Wilkins, Managing Director of Infrastructure Finance and Head of Environmental Research at Standard and Poor’s, explains that mounting government pressure to cut energy consumption and limit pollution means companies are increasingly looking to new energy-saving technologies and strategies.

But implementing these new methods requires considerable financing. Barclays and Accenture, for instance, predict the EU will need an extra
€2.65 trillion in energy efficient infrastructure by 2020 in order to meet the requirement to cut power consumption by 20%.

Wilkins concludes that the energy efficiency of investments should be factored into treasurers’ financial planning more frequently, and that companies should be aware of the associated credit risks.

To read the full article, please click here.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>