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Local Economic Solutions for Sustainability
Localise West Midlands Registered in England and Wales as a company limited by guarantee (not for profit) no: 6239211 |
A Green New Deal for the West Midlands? See also - Birmingham Green New Deal scheme is nowup and running - following the city's Cabinet approval at the end of January! Localise West Midlands and several informal partner organisations are looking at the opportunities for the region of supporting and following a Green New Deal approach (link to Green New Deal group website). The global economy is facing a 'triple crunch'; a combination of credit-fuelled financial crisis, accelerating climate change and soaring energy prices underpinned by an encroaching peak in oil production. (Recent falls in energy prices reflect the economic downturn and hide the long term trends). The scale of this situation clearly demonstrates the need for fresh and innovative intervention and change. The Green New Deal proposes a range of financial and economic measures to tackle these joint crises. Many of the financial measures would require national or international action and so are beyond the immediate scope for implementation in this region. What is more immediately possible in the West Midlands is to undertake a massive programme of energy efficiency/renewables infrastructure development to revitalise the economy - also following Stern report recommendations - using public spending to invest in our future as well as to help us out of the recession. As well as public spending this would include investigating new (and old) mechanisms to provide opportunities for secure, stable investment for savings and pensions. We see the starting point for this energy efficiency and renewables infrastructure as being insulation/renewables measures for homes and businesses, but this could also include public transport investment, investment in local food supply chains and a wide number of other elements. In the West Midlands we are particularly well placed to trial this approach:
The Green New Deal is not a rigid blueprint with all the answers already
available, but it is at least a directional route map for both energy
and economic security. Progress so far Following two meetings, in November and January, to discuss a West Midlands version of the Green New deal, LWM is working with various organisations - energy social enterprises, public bodies, trades unions representatives and regeneration organisations - to put forward proposals for pilot schemes that deliver jobs, training, investment opportunities and low carbon transition activities such as insulation programmes. We would be interested to hear from any energy-related social enterprises, NGOs or small businesses in the West Midlands region who may be interested in implementation. The following organisations are in principle committed to investigating these ideas with us:
We also continue to publicise the principles by which we think a sounder economy can be shaped to economic fora across the region. We also ran a seminar with Sustainability West Midlands for economic development officers on the Green New Deal approach to tackling worklessness. West Midlands Green New Deal Prospectus (pdf) To get involved or be kept in touch with this please contact us (see
link in left margin) and revisit this website where we hope to post regular
updates.
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