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Economic Development

North best placed to reap rewards of net zero drive, report says

Social Market Foundation is the latest organisation to highlight the potential of green industries to create jobs in the North

Offshore wind turbines(Image: Daily Post Wales)

Towns and cities in the North are best placed to reap the rewards of the push to net zero, a new report says.

The research from the Social Market Foundation says the North East, North West and Wales have the best chance of winning green jobs because of the existing skills base in the areas, low carbon business clusters and proximity to highly-rated research universities.

Researchers say there is a “a pattern of opportunity across areas in the North of England, which experienced greater economic scarring from deindustrialisation”.

Read more: go here for more environmental news

Their report has come as a number of organisations urged the Government to take advantage of the opportunities in the green economy, which could create tens of thousands of new jobs.

The Social Market Foundation has recommended that Ministers should give local authorities new revenue-raising powers so the º£½ÇÊÓÆµ can reach its Net Zero 2050 target. Apprenticeship levy funding should also be devolved to regional mayors to drive local green skills agendas, it says.

Scott Corfe, research director at the Social Market Foundation, said: “The next three decades will transform local areas throughout the º£½ÇÊÓÆµ as governments, businesses and wider society come together to fulfil the country’s net zero ambitions.

“Many parts of Britain face a golden opportunity to reap the benefits of decarbonisation, including green jobs and cleaner modes of travel. And it is vital that we seize these opportunities, as the transition will also bring risk and disruption for some areas.”