Ivan McKee Minister for Trade, Investment and Innovation: Being at the forefront of the global transition to carbon neutrality means Scottish businesses can attract investment and sell expertise, innovation and leadership. We are already seeing the benefits. In 2016, our low carbon and renewable energy sector supported 49,000 jobs and generated £11 billion in turnover. The Scottish Government wants to build on that success, growing the economy and creating skilled jobs as part of our transition. By setting the world’s most ambitious climate change targets in law for 2020, 2030 and 2040, while at the same time doubling our business expenditure on research and development by 2025, the message from the Scottish Government is clear: we are growing the economy while simultaneously tackling climate change. This can, should and must be the case. We want Scotland to benefit from the global markets for low-carbon goods and services and we are backing this mission with investment that will stimulate innovation and private investment. We recently published our Economic Action Plan, which recognises the huge opportunities for Scottish businesses associated with reducing demand for natural resources. Scotland’s abundant assets, together with our record in innovation, represent an opportunity to launch new competitive and innovative businesses that deliver carbon neutrality and sustainable economic growth. For example, innovation was on show at the beginning of November when a number of new Scottish businesses were shortlisted at the Climate Launchpad Global Grand Final. A variety of business ideas were presented, ranging from Planet Heat’s water-source heat pumps to decarbonise domestic heating, Undisturbed’s innovative designs for bathroom consumer products and Crover’s remote device for real-time monitoring of bulk-stored cereals to significantly reduce waste. Innovative businesses are essential for meeting Scotland’s climate targets and also for moving to a carbon-neutral economy.
Scotsman 8th Dec 2018 read more »