LEP to invest £6.5m into low carbon projects

The D2N2 Local Enterprise Partnership is to invest £6.5m from its Low Carbon Growth Fund into seven innovative projects across Derby, Derbyshire, Nottingham and Nottinghamshire, potentially creating a raft of low carbon jobs for local people.

The fund aims to provide solutions to help reduce the region’s carbon dioxide output and deliver more sustainable industrial practices.

All project funding is subject to the delivery of a full business case which will be considered by the D2N2 investment and main boards.

Elizabeth Fagan CBE, chair of the D2N2 LEP, said: “This announcement is a further signal of our region’s commitment to reducing carbon emissions and supporting the growth of our green economy.

“These projects have the potential to accelerate sustainable carbon reduction across our region and provide commercial solutions to carbon challenges across the UK.”

Wayne Bexton, director of carbon reduction, energy and sustainability at Nottingham City Council, added: “As co-chair of the D2N2 Low Carbon Group I’m thrilled to note the award of funding across the region to deliver innovative solutions to the carbon reduction challenge. Collaboration and sharing of best practice is a key pillar in enabling sustainable change at pace and I have no doubt that this funding award will lead to fantastic results. I look forward to the further opportunities for low carbon jobs these initiatives will bring.”