As COP27 begins in Egypt, the Royal Bank of Scotland has released a report which suggests that meeting net zero targets would give Scotland’s economy a £22bn revenue boost between now and 2030.
To realise this revenue opportunity, new businesses need to retrofit homes across the country, as well as servicing the nation's renewable electricity infrastructure.
The renewable energy sector is the largest source of potential revenue for Scottish small and medium-sized enterprises (SMEs), accounting for 53% of the £22bn total.
