London’s blueprint for green growth

A blueprint for ‘turbocharging’ London’s economy was revealed today with publication of the London Growth Plan.

Developed by the Mayor of London and London Councils, Green Growth features heavily in the plan with a raft of actions to achieve the twin goals of tackling climate change and accelerating growth.

The 104-page plan focuses on four key areas for driving green growth:

Enable private sector investment and action 

• Institutional capital investment: Increase institutional capital investment into zero carbon infrastructure and real estate.
• Business climate action: Support businesses to decarbonise and adapt to climate change. 

Supply chain and infrastructure mobilisation 

• Net zero infrastructure: Coherent plan for London’s infrastructure and the investment needed for it.
• Green skills: Massive collective investment in the skills needed for London’s green transition. 
• Electric grid capacity: Plan to significantly increase grid capacity to accommodate electrification of transport and heating, while powering the data centres on which London’s economy will increasingly depend. 

Grow green innovation

• Scale London’s green innovation businesses to become global players.
• Make London’s public sector a green innovation accelerator as a major buyer, data provider and enabler of tests and pilots.
• Foreign direct investment: Attract international green innovation businesses to set up in London.

To download a copy of the London Growth Plan click here: