More than £50m approved for City Deal low carbon programme
The UK and Welsh Governments have approved the £58.7m Swansea Bay City Deal’s Supporting Innovation and Low Carbon Growth programme.
Close collaboration with industry, government and academia is key to its success by delivering low carbon, sustainable and inclusive economic growth through creating the right environment to develop new technologies from the research stage, through to production, to support job creation in the region.
Led by Neath Port Talbot Council with Swansea University and University of South Wales as delivery partners, this programme aims to support the creation and safeguarding of 1,320 jobs in the green economy through seven interlinked projects that will enhance infrastructure, research and development and commercialisation.
The funding will provide solutions to decarbonise commercial and industrial buildings, transport and industrial processes that will support the policies and strategies laid out by the Welsh and UK governments.
Wales Office Minister, David TC Davies, said: “This multi-million pound deal is vital to create jobs and prosperity across a large part of South Wales. When I visited in July I was hugely impressed with the projects that are driving the move to a low carbon, modern economy in Wales, fit for the 21st century. I’m delighted that the UK government’s investment will support this growth.”
Chair of the Swansea Bay City Deal Joint Committee, Cllr Rob Stewart said: “I very much welcome the approval of this programme which means we now have more projects and programmes approved, and either in delivery or ready for delivery than any other city or growth deal in Wales. I want to pay tribute to the excellent work being done to ensure we deliver the city deal for South West Wales.”