Cumbria’s outstanding renewable natural resources position it to play a nationally important role in the UK’s shift to a resilient, net-zero economy, one that is delivered through a just transition and drives local economic development. Net-zero has the potential to create thousands of green jobs across the county, contributing to the government’s ‘levelling up’ agenda as the economy recovers from the COVID pandemic.
The Green Investment Plan Cumbria project (2021) follows on from Cumbria Action for Sustainability (CAfS) Potential for Green Jobs report (March 2021) and focuses on green investments.
In 2021, we became a charitable project of CAfS and engaged with a wide cross-section of stakeholders to identify relevant decarbonising projects and nature-based solutions for Cumbria. We then fine-tuned our findings by hosting four sector roundtables and at the end of 2021, we launched a report. This seminal report outlined fifteen transformative projects which could contribute billions to Cumbria and reduce millions of tonnes of greenhouse gas emissions every year to help tackle climate change. These opportunities capitalise on Cumbria’s wealth of renewable and natural assets and the report highlights various finance mechanisms.
In 2022, we will become a Community Interest Company (CIC) with an asset lock. It is our intention to provide a community benefit and develop the projects outlined in the report, along with supporting a pipeline of investable community-led net zero projects in the North West of England. This website will be updated accordingly once we’ve become a CIC.