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SCDI welcome the UK Government’s announcement today of investment in low carbon measures. SCDI’s Clean Growth Leadership Group produced a report on Building Scotland’s Green Recovery earlier this year and will publish its final report on Clean Growth in December.
The report called for the UK and Scottish governments’ to bring forward a large scale fiscal stimulus package which invests in green infrastructure and other low or zero carbon projects in Scotland to generate demand, stimulate economic activity, create new green jobs and support clean growth so we are delighted to see this commitment to green investment.
As SCDI CEO Sara Thiam responds;
“Clean growth is the best way to drive economic recovery and meet our climate change commitments, and these announcements demonstrate the opportunities in Scotland. We recently highlighted recently highlighted the desire to make Scotland a leader in Carbon Capture and Storage so are pleased to see the £200m investment to create two carbon capture clusters in the UK with Grangemouth a potential location for one cluster.”
She also welcomes the impact this will have on the Highlands and Islands green economy saying;
“We are pleased to see the potential for Orkney to benefit from a £20m competition to develop clean maritime solutions and we welcome the plans to create low carbon hydrogen, to accelerate measures to bring low or zero carbon emission vehicles onto our roads and measures to increase the availability of green finance. We look forward to more detail on the announced measures and to understanding how the funding will translate into further low carbon measures in Scotland. We would encourage both governments to bring forward these measures as soon as is practically possible to get the green revolution under way and to accelerate the economic recovery”
SCDI will shortly be releasing the final report by its Clean Growth Leadership Group which will highlight Scotland’s key economic opportunities for Clean Growth and what we need to do to maximise them.
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