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Commercial vehicle giant Iveco and BNP Paribas Leasing Solutions have joined forces to launch a green finance scheme that encourages the introduction of more environmentally-friendly vehicles.

Under the scheme, preferential financing conditions will be offered to purchasers of Iveco vehicles that feature its Natural Power technology.

This includes models that run on compressed natural gas, liquefied natural gas, bio-methane, electric vehicles or advanced diesels that are compliant with the most stringent Euro 6 RDE 2020 regulations.

Qualifying vehicles including the Blue Power models in its Daily van range, such as the Daily Electric and Daily Hi-Matic Natural Power, which is a CNG light commercial vehicle offered with an eight-speed automatic gearbox.

Trucks and lorries that qualify include the Eurocargo Natural Power and Stralis NP 460, which both offer a range of alternative fuel options.

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Pierre Lahutte, Iveco brand president, said: “We have pioneered alternative traction technologies for over 20 years with the objective of providing our customers with vehicles that enable them to be more sustainable, while operating profitably. With the Green Finance schemes, we take our commitment a step further, by helping our customers’ energy transition as they make their fleets more environmentally-friendly.

“This initiative with BNP Paribas Leasing Solutions is testament to what can be achieved when two players from different industries join forces for such an important cause.”

The financing offer will be available in Belgium, France, Germany, Italy, the Netherlands and the UK through Iveco network dealers. It will operate under the Iveco Capital brand, delivered by CNH Industrial Capital Europe.

CNH Industrial Capital Europe is a joint financing company between CNH Industrial NV, which is the parent company of Iveco, and BNP Paribas Leasing Solutions.

CNH Industrial Capital Europe has been offering leasing and financing services to Iveco dealers and customers since 2014.

Charlotte Dennery, CEO of BNP Paribas Leasing Solutions, said: "As part of its 2020 development plan, BNP Paribas clearly indicated its will to strengthen its commitment to the energy transition and the achievement of the United Nations Sustainable Development Goals.

“As the group’s specialised entity in equipment finance, BNP Paribas Leasing Solutions is a natural partner to encourage companies to promote responsible equipment.”