The Local Industrial Strategy (LIS) for the West Midlands recognises the low carbon sector as one of the region’s key areas of strength that can enable clean growth and prosperity in the coming years. By focussing on opportunities to boost the growth and productivity of low-carbon businesses, the West Midlands can boost both domestic and foreign inward investment, scale-up its export potential and ultimately create jobs and improve the quality of life by harnessing the diversity of all those living and working in the region.
The GBSLEP has been assigned the Low Carbon and Environmental Sector as one of its key sectors to deliver on under the region’s LIS.
To this end, the GBSLEP has developed and is the process of refining the region’s first Low Carbon and Environmental Technologies Action Plan that aims to ensure the low-carbon businesses in the region are well-placed to grow during the transition to net zero and recovery from Covid-19.
The Low Carbon Sector Action Plan defines low carbon technology sector as ‘businesses and organisations who are currently located wholly or in part in the West Midlands or are planning to relocate to the region, and who provide or intend to provide solutions and services necessary to support the transition towards a low carbon economy’. It incorporates a large proportion of the energy system which is leading the low carbon transition, and increasing proportions of the transport/automotive and construction/housing sectors.
The implementation of the Action Plan will be overseen by the Low Carbon Steering Group, set-up and managed by the GBSLEP.
The Steering Group meets quarterly and contains members from a range of small, medium and large organisations, all based in the West Midlands and working within the low-carbon space.
The objective of the industry-led Steering Group is to oversee the implementation of key activities to support LCET businesses with innovative ideas and products to become part of the framework driving decarbonisation and post COVID green economic recovery in the West Midlands. If you are a low-carbon business and would like bespoke business support, please visit the GBSLEP Growth Hub’s website.
For more information on the GBSLEP’s low carbon activities and policy development, please contact: Alexander.Taylor@gbslep.co.uk