Ricardo advice will help public sector bodies secure share of £1bn pot for decarbonisation

Ricardo advice will help public sector bodies secure share of £1bn pot for decarbonisation
14 October 2020

Specialists at Ricardo are available to help public sector organisations understand a new Government funding initiative aimed at supporting them in introducing energy efficiency and decarbonisation measures.

The £1bn Public Sector Decarbonisation Scheme (PSDS), announced at the end of last month as part of Rishi Sunak’s commitment to back the economic recovery from coronavirus (COVID-19), promotes the Government’s net zero goals.

A further £32m is being offered through the Public Sector Low Carbon Skills fund to help organisations take full advantage of the PSDS by providing money to develop bids and deliver projects. Ricardo’s practice director Dipak Mistry said the initiative is an important step in helping the public sector realise their energy efficiency goals.

He said: “Ricardo’s team of experts has the knowledge and experience to help public sector organisations secure funds to support, not only the cost of technical evaluation of energy reduction measures, but also deliver their net zero impact strategy.

“Our consultants can help the public sector to understand the funding opportunities, and we also have the technical expertise to support them in implementing projects to improve their energy efficiency and move them towards achieving their net zero ambitions.”

Ricardo has wide-ranging experience in the public sector and is already supporting public sector and Government organisations including NHS Scotland and many local authorities. 

According to the Government’s website the scheme will also support its net zero and clean growth goals. The scheme has the potential to reduce non-traded carbon emissions from the public sector by up to 0.1 MtCO₂e/year and up to 0.5 MtCO₂e over each of Carbon Budget 4 and Carbon Budget 5 -  equivalent to taking nearly 45,000 cars off the road.

But it is important that organisations act fast. Applications are now open and submissions from eligible bodies will be considered only while there are still funds available.

To contact Ricardo to set out a plan with our consultants and help you understand your requirements to implement a strategy, and secure your share of the funds, email [email protected] or telephone 01235 75 3292.