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£50m approved for City Deal low carbon programme
The governments of the UK and Wales have approved funding of £58.7 million to help establish the Swansea Bay City Region as a leader in low carbon growth and the green economy.
Led by Neath Port Talbot Council with Swansea University and University of South Wales as delivery partners, the programme aims to support the creation and safeguarding of 1,320 jobs in the green economy through seven interlinked projects that will enhance infrastructure, research and development and commercialisation.
The projects include: the Bay Technology Centre; South Wales Industrial Transition from Carbon Hub; an advanced manufacturing production facility; a property development fund; a hydrogen stimulus project; an air quality monitoring project; and further low emission vehicle charging infrastructure.
The funding will provide solutions to decarbonise commercial and industrial buildings, transport and industrial processes that will support the policies and strategies laid out by the Welsh and UK governments.
The Swansea Bay City Deal is an investment of up to £1.3 billion in a portfolio of nine major programmes and projects across the Swansea Bay City Region, which are together worth over £1.8 billion and 9,000 jobs to the region’s economy in coming years.
Rob Stewart, chair of the Swansea Bay City Deal Joint Committee, said: “I very much welcome the approval of this programme which means we now have more projects and programmes approved, and either in delivery or ready for delivery than any other city or growth deal in Wales. I want to pay tribute to the excellent work being done to ensure we deliver the city deal for South West Wales.”
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