Glasgow City Council has launched its ‘Greenprint for Investment‘, a portfolio of investment projects designed to give a significant boost to the city’s target to reach net-zero by 2030
The ‘Greenprint for Investment’ is a portfolio approach designed to unlock and scale green investment for the Glasgow City Region.
In June, the city announced that it had reduced its carbon emissions by 41% since 2006, surpassing the 30% target Glasgow set for 2020.
The scale and diversity of the projects reflects and supports Glasgow’s global sustainability ambitions and provides international and activist investors with a mix of decarbonising and transformative development opportunities as well as more traditional robust, investor-ready propositions.
Investment in climate action delivers significant economic and social benefits, notably improved productivity, competitiveness, new jobs, reduced disruption and better health and wellbeing.
In doing so, it will ensure Glasgow is well-positioned to thrive and help deliver against its shared ambition to respond to the climate emergency and align with global ambitions for COP26. Glasgow City Region is already a member of the TCFD supporters initiative.
The 10 featured projects in the Greenprint are:
- Clyde Climate Forest
- Glasgow City Region Home Energy Retrofit Programme
- Glasgow’s District Heating Network
- Climate Neutral Innovation District
- Charing Cross M8 Green Infrastructure Cap
- Glasgow Metro
- Advanced Manufacturing Innovation District Scotland
- Micro Park Apparel Project
- Scottish Event Campus (SEC) Expansion
- Green Regeneration and Innovation District.
Delivering a modern, resilient and inclusive city
Susan Aitken, leader of Glasgow City Council said: “Our net-zero future is about safer communities, warm and efficient homes, sustainable jobs and a prosperous economy. Transition has to be about the social and economic well-being of Glasgow and its people.
“This will require levels of investment never seen before in local government and adaptation plans which will be vital in delivering a modern, resilient and inclusive city economy.
“A core element of Glasgow’s Green Deal our ‘Greenprint’ brings together transformational, investable and shovel-ready projects.
“From an entirely new transport system better-connecting citizens to opportunities, generating renewable energy from the River Clyde and upgrading hundreds of thousands of homes across our city region, the Greenprint projects will deliver the infrastructure necessary for low carbon, climate-resilient future.
“All cities face huge change. Glasgow’s challenges are typical of those of so many of our global peers. As cities rebuild to decarbonise, we can be the demonstrator in shaping those solutions. The success of COP26 will be measured by how cities can take the practical steps necessary to secure the future of our planet.
“Our Greenprint provides a major part of our roadmap to do just that.”
