Sustainable Economy
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Sustainable Economy
A sustainable economy can be defined as economic development and growth that:
- is achieved within the limits of the environment
- ensures a strong, healthy and just society
- is through good governance and the responsible use of science.
Relevance to the East of England
With its low-lying coastal and agricultural areas, the East of England is particularly vulnerable to the impact of climate change.
EEDA is leading the drive to reduce carbon, use resources more efficiently and develop renewable energy sources.
Why is the Sustainable Economy programme needed?
As a region, we need to:
- rapidly reduce greenhouse gas emissions and accelerate climate change adaptation in the East of England
- meet ambitious targets for energy generation from renewable sources and remain the UK's leading renewable energy region
- support the region's environmental technologies and service companies to continue to grow
- maintain the East of England as the UK's leading region for food and farming, and help the sector to continue to improve its competitiveness and sustainability
- assist rural and coastal communities to diversify, raise productivity and improve access to key markets.
How will the Sustainable Economy programme be achieved?
EEDA's Sustainable Economy programme leads the move towards a low carbon, low resource economy to mitigate the impact of climate change. It does this by:
- setting reduction targets - for example, carbon reduction is a key goal for the regional economic strategy (RES)
- innovative campaigning such as our Cut your Carbon campaign
- supporting the region's growing environmental and energy technology sector - through Renewables East and other relevant enterprise hubs
- helping businesses and individuals in the region improve their efficient use of resources through Business Link
- providing access to EU and regional development funding with low carbon and resource efficiency themes
- leading projects for rural and coastal areas to adapt to climate change through projects such as Rural Development Programme for England (RDPE) projects to safeguard and enhance the region's rural environment.
EEDA's Sustainable Economy drive is a standalone programme but also cuts across all our other activities.
EEDA's commitment
EEDA is reducing its own environmental impact by:
- reducing carbon emissions by increasing the energy efficiency of EEDA's buildings, with a commitment to becoming carbon neutral by 2010
- developing an awareness raising and training programme for staff to increase EEDA's capacity to deliver environmental sustainability
- implementing a sustainability appraisal and strategic environmental assessment as part of the RES review
- gaining Environmental Management System (EMS) certification
- working towards a zero waste policy
- developing green travel plans.
Latest news
- Green funding boost for rural businesses 9 March 2010 East Herts Council is offering a helping hand to businesses in rural East Herts, Uttlesford and North Herts after securing more than £3m to help them reduce their carbon footprint.
- Innovative action plan for region published 9 March 2010 An innovative action plan which sets out how the region can create enough homes and jobs in the future, while protecting the environment and reducing carbon emissions, has been published today.
- £5.5 million kick-start as the East of England underpins a low carbon future 23 February 2010 Companies carrying out low carbon research and development in the East of England will be able to benefit from an extra £5.5 million in funding secured by EEDA.
- Offshore wind developments will blow in new era for the East of England 8 January 2010 EEDA has welcomed today’s announcement by Gordon Brown and the Crown Estate of the winning companies selected to develop offshore wind farms, which provides significant opportunities for companies in the region.
- Transport options for growth to be studied 14 December 2009 EEDA and EERA have welcomed the Department for Transport’s decision to fund important transport studies to promote travel options that will boost the economy in the region and reduce environmental impacts.
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