Cities are driving low carbon growth and supporting the development of a low carbon economy, a think tank claims.
Research from Green Alliance finds all eight core cities are undertaking green growth developments, using the city deals programme to accelerate low carbon economic expansion.
In Green Cities, the think tank outlines that Newcastle is working to secure £500m in marine and offshore energy investment while Liverpool aims to focus £100m into wind and offshore energy, creating a combined 11,000 jobs.
Through the Green Deal, Birmingham has secured an additional £3m to boost work and incorporate five additional projects, the publication states.
Manchester is shown to have initiated a joint venture with UK Green Investments to develop a portfolio of low carbon investment opportunities, contributing to an additional GVA of £1.4bn alongside the city’s carbon emission reduction aims.
The report urges cities to steer their growth priorities through low carbon ambitions.
Author of the report and Green Alliance’s head of research, Faye Scott, said: ‘The low carbon economy is delivering for UK plc and city deals are a valuable opportunity to accelerate that progress. They are an opportunity for cities to pursue resilient, low carbon growth and revive both local and national economies. We’ll be working with further cities to explore how they can embed low carbon in their deals.’
