West Yorkshire’s green economy has been valued at £8.1 billion, highlighting its vital role in the region’s economic landscape.
The recent analysis indicates potential growth to £11.1 billion by 2026, driven by strengths in wind power, alternative fuels, and building technologies.
The green economy in West Yorkshire, as reported, currently contributes an impressive £8.1 billion to the local economy. This sector encompasses nearly 3,000 green businesses, which collectively employ more than 50,000 individuals. The focus on green technologies and services is seen as a catalyst for economic growth, positioning the region as a substantial player within the UK’s green sector.
Amy House, the director of Green Economy, emphasized the transformative potential of these sectors. She noted that with the expected growth, West Yorkshire’s economy is poised for a positive trajectory, benefitting from rising exports and innovation in green technologies.
The emphasis on decarbonisation and utilising local supply chains can facilitate regional growth, offering a robust foundation for future economic expansion.
Mandy Ridyard, an advisor to the Mayor of West Yorkshire, highlighted the region’s commitment to sustainable growth. She stated that by fostering a skilled workforce, the area will offer good, well-paid green jobs in the future.
By working closely with local businesses and traders, the organisation promotes collaborative efforts to tackle skill shortages and drive economic growth.
The focus on local resources fosters resilience and self-sufficiency, enhancing West Yorkshire’s capability to adapt to future economic challenges.
West Yorkshire’s green economy presents substantial growth potential, driven by emerging technologies and strategic investments. The continued development of this sector is essential for regional prosperity, requiring concerted efforts in skill development and local collaboration.
The green sector is pivotal to West Yorkshire’s economic future, presenting both challenges and opportunities.
With strategic focus on skills and local supply chains, the region can achieve significant economic growth.