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West of England Combined Authority

… of the economy. • Green finance is a growing industry, with more financial institutions offering bonds and loans to finance environmental and climate projects. • Better carbon efficiency can help businesses to increase productivity by bringing down costs. • The Local Government Association is forecasting growth in as many as 694,000 low carbon jobs by 2030 and 1.18m by 2050. • The physical risk…

… the effects of global warming. Government has recognised this, and the UK is the first country to commit to becoming net carbon zero by 2050. The West of England has gone further than this, committing to carbon neutrality by 2030. This is in line with our partner Unitary Authorities. To achieve this goal, we will need to rapidly reduce carbon emissions in the region as well as adapt to the impacts…

… of moving to a low carbon economy, 2017 8 Covid-19 pandemic is reshaping emissions The covid-19 pandemic has had a radical and rapid impact on economic activity and carbon emissions. As the Committee on Climate Change points out, lockdown is not a blueprint for reducing emissions, and “it is unlikely that the pandemic will fundamentally alter the trajectory for emissions”3. However…

… duplicate their efforts. Each challenge area provides further detail on the scale of the challenge, what success might look like over the next five years. Importantly, it also shows the co-benefits, or additional benefits that reducing carbon emissions can bring to the region. 14 Challenge area 1: Low carbon transport system The challenge Emissions from transport is one…

… Engineering Technology and Innovation [DETI] project, this will reduce carbon emissions by developing better products that are lighter, more fuel efficient and have less waste. • £10 million invested in The Institute for Advanced Automotive Propulsion Systems [IAAPS] global centre of excellence developing ultra-low and zero emission vehicles • 54 SMEs have received a free energy survey as part…