Potential for Leeds to lead on low carbon investment
This week, the Environmental Audit Committee published a report on the state of investment in low carbon technology, outlining a 56% drop in investment in cash terms in 2017 compared to 2015. The Leeds Climate Commission is tackling this head on, by bringing together investors and projects at the launch of the Project Development and Finance initiative (1st May).
The event attracted over 100 local actors working in the financial services, project development, legal services with organisations across the city who are interested in implementing low carbon technologies, as outlined and recommended by the 2017 Mini-Stern for Leeds. The next steps include a series of workshops working with organisations at different stages of low carbon projects, to bring in expertise from around the city to guide them through the process, from idea to implementation, to catalyse low carbon investment in Leeds.
A ‘go-to’ hub for advice on low carbon project development has been created, with guidance suitable for organisations of any scale, at any point in the low carbon investment process. Links, templates and downloads can be found here.
Read the Environmental Audit Committee report here.
Read the full report on the launch of the Project Development and Finance Initiative here.