North West England could possibly become the first net-zero region in the UK and it can reach that target by 2040 which will save around 38.5 million tonnes of carbon dioxide, according to a report published by Net Zero North West’s Economic Investment Prospectus.
It also sets out 18 investment cases for a pipeline of long-term and green investment projects that ensure North West England can become the UK’s first net-zero region by 2040. The organisation is committed to driving industrial decarbonisation by supporting energy-intensive industries that will help meet their net-zero targets.
North West England has also been identified as the top UK region to receive post-Covid green investment and it will be revealed at a special launch event with the UK Business Secretary, Kwasi Kwarteng. The report also highlights how the region is on the right path with the Ten Point Plan set out by Prime Minister Boris Johnson in an effort to bring the country to a net-zero status.
The prospectus also mentions how the region will achieve the net-zero status 10 years before the Paris Agreement deadline and mentions the 18 projects that will save around 38.5 mega-tonnes of carbon dioxide emissions and provide £207bn in investment to boost the UK economy.