BBRC & Bristol Green Capital Partnership will lead an ambitious feasibility study to overcome barriers to Net Zero following Bristol winning a share of Innovate UK’s £2m fund
Bristol is 1 of 31 places in the UK to win a share of Innovate UK‘s £2m Net Zero Living Programme fund, to develop innovative ways to overcome barriers to net zero. The programme focusses on addressing barriers such as financing, governance, regulation, and engagement.
Bristol will use the £75k grant to carry out research to understand what approaches to test locally.
The study will also look into how to secure additional investment in new ways & to help businesses grow and create jobs – to generate prosperity, benefit the whole community and enable people & places to thrive.
The study will run from April to June and will create a plan to achieve these goals. Bristol, along with other applicants, will then be invited to a potential second phase which will fund up to 6 places, £5 million each to demonstrate some of the outputs from Phase 1.
Councillor Kye Dudd, Cabinet Member for Environment, Ecology, Energy, and Waste, said:
“Bristol is pioneering, from City Leap to England’s largest water source heat pump and the country’s largest on-shore wind turbine. I am delighted Bristol has been awarded £75,000 from the Innovate UK Net Zero Living Programme”
“Bristol’s One City Climate Strategy identifies many opportunities that cutting greenhouse gas emissions offers in creating high-quality jobs and warmer homes. Investment in new low carbon technologies is needed to replace the fossil fuel technology which we use for much of our heat, power and mobility. Some of these investments will pay for themselves and generate a return for investors. We want to find a way to bring more investment into climate change projects and do this more efficiently and more easily.
“We have identified barriers and are taking action to address some of these including through Bristol City Leap, a partnership with the private sector, which will invest over £1 billion to accelerate our progress in reducing carbon emissions and improving the energy efficiency of council owned homes. City Leap, a UK-first, will create 1,000 new jobs and cut 140,000 tonnes of emissions over the next five years. We look forward to the chance to compete for further multi-million pound funding in the second phase of the Innovate UK competition to continue this work”
Bristol City Council recently created Bristol City Leap, a partnership with the private sector, which will invest over £1 billion to accelerate our progress in reducing carbon emissions and improving the energy efficiency of council owned homes. This UK first will create 1,000 new jobs and cut 140,000 tonnes of emissions over the next five years.
Bristol City Council are co-sponsors of the Climate Leaders Group and as active members have also reduced their carbon emissions by making their buildings more efficient and generating renewable energy and are making the switch to electric vehicles, LED streetlighting, and away from gas boilers, as outlined in their recently published Bristol City Council Climate Emergency Action Plan.
Bristol City Council is responsible for just 0.5% of emissions in Bristol so to reach the city-wide climate goal, it’s essential that businesses and organisations across our city play their part too. The Bristol One City Climate Ask encourages others to declare their net zero ambitions and offers support to help write their plans.
Read more about the Innovate UK‘s £2m Net Zero Living Programme fund here
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