October 27th, 2010 by Ernst and Young LLP
With the ever escalating strain on natural resources the reasons to turn to alternative solutions are rapidly increasing. At Ernst & Young we are passionate about the Cleantech sector and have recently established our global Cleantech Center of Excellence to bring together a worldwide network of subject-matter professionals.
Cleantech encompasses a diverse range of innovative products and services that optimise the use of natural resources or reduce the negative environmental impact of their use, while creating value by lowering costs, improving efficiency, or providing superior performance.
We believe that the Channel Islands are well placed to encourage investment in this sector to be routed through locally domiciled structures. We have recently seen a number of new enquiries for Cleantech funds, and believe that with the size of the market we should be actively promoting the Islands’ capabilities in this sector.
Ernst & Young has organised a breakfast seminar on Tuesday 2 November in St. Helier, Jersey and on Wednesday 3 November at the OGH in St. Peter Port, Guernsey to provide information about the huge potential and investment opportunities within this market. The seminar will be hosted by Steve Lang: Ernst & Young’s UK and Ireland Cleantech leader; alongside our local Cleantech leaders, Chris Matthews and Louisa Bonney (Jersey), Mike Bane and Peter Miller (Guernsey).
The Guernsey seminar in the Colborne Room at the OGH begins at 0800 with registration. The presentation will be from 0815 to 0930 followed by questions, which will conclude at 10.00 am.
In a recent press release Steve Lang asserted “We’ve seen major amounts of capital flowing into clean energy and clean technology, and governments increasingly want to use the sector as a driver for international competitiveness. We are also seeing large corporates, entrepreneurs and investment funds all increase their interest in this area driven by a combination of government policy and tax incentives. The drivers are there for this to be a major growth area over the next five years.”
Ernst & Young have also just issued a new publication entitled: Cleantech matters: The electrification of transportation: from vision to reality.
To register your interest in attending the Jersey or the Guernsey Ernst & Young Cleantech Breakfast Seminar please contact Margo Bourcier on 01481 717485 or email mbourcier(at)uk.ey.com