NEWS
Tesco and NatWest from UK introduce new sustainable financing scheme for farmers
04/02/2024 Since 4 months
![](https://greenfinancelac.org/wp-content/uploads/2024/04/06-Generico-83.jpg)
Tesco, the UK’s largest supermarket chain, and NatWest, one of the country’s largest banks, have an innovative sustainable finance scheme aimed at supporting nearly 1,500 of Tesco’s farmers (mainly related to beef, lamb and dairy).
The scheme is designed to provide preferential rates on finance, aiding farmers in transitioning to sustainable farming methods, therefore contributing to efforts to decarbonise farms and reduce emissions. Among these sustainable practices, participating farmers will invest in renewable energy sources such as solar panels, wind turbines, and fossil fuel-free heating or cooling systems. Farmers will also gain access to Tesco’s preferred suppliers, potentially receiving volume discounts on renewable energy assets.
LATEST NEWS
![](https://greenfinancelac.org/wp-content/uploads/2024/07/06-Generico-2024-07-12T124140.286.jpg)
Innovation in the Caribbean: Six Stories of Transformation for Sustainable Development
The Inter-American Development Bank (IDB) has recently published a report on the results and impact of innovative projects supported by the Bank in driving resilience, social progress, and sustainable development in s...
Since 2 weeks
Read More