On Thursday 1 July The Midlands Engine launched its Ten Point Plan for Green Growth, as the pan regional partnership urgently looks to drive economic and environmental recovery in the wake of COVID-19. The Plan has been produced and will be implemented in collaboration with over 300 partners and stakeholders from across the region, including Siemens Energy, the Energy Research Accelerator, EDF Energy, the National Trust, Toyota, Cadent Gas, Make UK and Cemex.
The Plan is the first time a unified vision has been proposed for the Midlands to deliver a greener future for its communities and address the economic and social impacts of the pandemic, which are predicted to be felt the deepest in the region. The Plan also aims to support the Government’s own Ten Point Plan for a Green Industrial Revolution released in November last year.
By advancing the Plan, the Midlands is committing to deliver a 36% reduction in CO2 emissions from current regional levels, while also creating 196,000 high skill jobs to boost productivity and generate a further £24.2 billion GVA for the region’s economy by 2041.
The Midlands is already a leading location for Green Growth, with pace gathering around rich and diverse specialisms in low carbon energy based on historic sector strengths, wide-ranging natural assets, and ever-more-urgent needs and opportunities. The Ten Point Plan, which is mapped against the United Nation’s Sustainable Development Goals, provides the focus to maximise this potential. It complements the work Midlands Engine partners are already carrying out to advance Green Growth, and co-develop and deliver new innovations and opportunities in support of the shift to a low carbon economy.