Financing the Transition to a Low-Carbon Economy in Nottingham
Nottingham's sustainable carbon neutrality agenda aims for carbon neutrality by 2028, integrating sustainability and carbon reduction while developing a co-benefits approach to interventions. The city follows a model of municipal entrepreneurialism, focusing on building capacity, commercialism agenda, leadership, ownership, innovation, and partnerships to support and finance a low-carbon economy. Strategies include supporting SMEs, leveraging investment in the private sector, influencing demand, and transitioning to new business models through cost-benefit analysis, co-financing, and just transition principles.
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Presentation Transcript
Financing the transition to a low Financing the transition to a low carbon economy carbon economy in Nottingham in Nottingham Jonathan Ward Principal Energy Policy Officer Nottingham City Council
Nottinghams sustainable carbon neutrality agenda Carbon Neutral by 2028 Integrating sustainability and carbon reduction Developing co-benefits approach to interventions Building on progress Financing the transition to a low carbon economy in Nottingham Jonathan Ward
Municipal Entrepreneurialism Nottingham s model for building capacity Commercialism agenda Leadership, ownership and using assets Innovation and test-bed approaches Partnerships Financing the transition to a low carbon economy in Nottingham Jonathan Ward
Supporting and financing a low- carbon economy Strategies and vision Supporting SMEs Leveraging investment in private sector Building capacity in the sector Influencing demand Working at investable scales Financing the transition to a low carbon economy in Nottingham Jonathan Ward
Transition to transformation New business models Servitisation agenda Cost Benefit Analysis and extracting value Co-financing Just Transition Financing the transition to a low carbon economy in Nottingham Jonathan Ward
