Transport
Apr 25 2024
Birmingham Airport (BHX) has achieved Level 3 (optimisation) of the Airport Carbon Accreditation (ACA) scheme for a second year.
Read moreNew research showcases Midlands strengths in the net zero economy with 3 of the UK’s 20 net zero economy hotspots and the sector 1.3x more productive than other regions.
The report – Mapping the Net Zero Economy – published by the Energy & Climate Intelligence Unit, measures the scale of the UK’s net zero economy and its geographic highlights. It finds that the UK’s net zero economy boasts almost 20,000 companies across the country contributing £71bn (3.7%) GVA to the national economy.
The net zero economy provides 840,000 jobs with an average wage of £42,600 (nearly 30% higher than the national average) – this is higher than other industries like manufacturing and construction. Investment into the net zero economy is also increasing tremendously with venture funding growing at a constant annual growth rate of 30%+ between 2016 and 2021.
The net zero economy is also highly connected to the wider UK supply chain, leading to a multiplier effect across the economy as goods and services are purchased from other industries. This supply chain contribution represents £29.5bn in GVA, contributing 1.5% to the UK economy.
The Midlands net zero economy profile boasts several strengths:
Scotland, Wales and the Northern Powerhouse also demonstrate net zero economy strengths, highlighting the important link between green growth and the levelling up agenda.
Indeed, the economic impacts of the net zero economy are stronger within each of the regional economies and outperform London, where only 3.1% of its economy is made up by the net zero economy.
Transport
Apr 25 2024
Birmingham Airport (BHX) has achieved Level 3 (optimisation) of the Airport Carbon Accreditation (ACA) scheme for a second year.
Read moreGlobal
Apr 24 2024
World-leading materials science and technology consultancy Lucideon is targeting international growth with expansion in the Japanese market.
Read moreGlobal
Apr 18 2024
The Midlands Engine Partnership will host a Pavilion for the very first time at this year’s UK Real Estate Infrastructure Investment Forum [21-23 May], providing regional partners with a platform to showcase their investment propositions, worth in excess of £42bn, to a global audience.
Read more