As the world’s fifth largest city economy, London could be a leader in the international low carbon economy. In 2013, a report commissioned by the Mayor of London reported that the low carbon and environmental goods and services sector in London was worth £25.4bn and recorded solid growth throughout the economic downturn. BIS has estimated that this sector will more than double to £52.6bn by 2024.
In the run up to the London mayoral election in May, the Aldersgate Group hosted a debate to explore what measures businesses think are needed to ensure London plays an increasingly important role in the growing international low carbon economy. How can London address climate change and other key environmental challenges such as air pollution as a means to economic growth and greater resilience?
A full event summary is available here.
Thank you to Norton Rose for hosting.