Decarbonising industry in south Wales could 'unlock billions of pounds in investment, cut carbon emissions by 40% by 2040 and secure over 100,000 jobs in the region'. That is according to a new cluster plan report unveiled today by the South Wales Industrial Cluster (SWIC), a partnership between Welsh industry, energy suppliers, infrastructure providers, academia, legal sector, service providers and public sector organisations.
The report, led by CR Plus and entitled “South Wales Industry - A Plan for Clean Growth”, sets out a plan to collectively decarbonise the region following over 2 years’ of work by around 40 Welsh businesses, academia and public bodies. It is the result of funding by the UKRI’s Industrial Decarbonisation programme in 2021 to map out what is needed to support South Wales in becoming a net zero carbon region by 2050.
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