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Home » Uncategorized » UK to host green trade expo
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UK to host green trade expo

SaraBy SaraMay 17, 20222 Mins Read
UPDATE: UK puts £265m into CfD auction pot

The International Trade Secretary will announce a new Green Trade and Investment Expo in the North East this autumn, hosted alongside the Department for Business, Energy and Industrial Strategy (BEIS).

The expo will bring together UK businesses and global investors to capitalise on the commercial opportunities from the drive to net zero.

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This will build on the £9.7bn of investment secured for UK offshore wind, hydrogen and electric vehicles at the Global Investment Summit last year.

International Trade Secretary, Anne-Marie Trevelyan (pictured) said: “This terrible conflict in Ukraine has underlined what can be achieved through a cohesive global approach.

“These past months have highlighted the need to accelerate our journey as a global community away from hydrocarbons.

“To decisively turn our backs on the era of dependence on polluting fuels, and transition to a Net Zero future.” 

Business and Energy Secretary Kwasi Kwarteng added: “Now more than ever we need innovators, wealth creators and risk-takers to invest their billions into new British industries to create hundreds of thousands of jobs and shore up our energy security – all the more important as Putin wages his illegal war in Ukraine.

“With investment opportunities worth up to £100bn up for grabs, our expo later this year will fly the flag for Britain as we look to accelerate our plans to generate more home-grown clean energy and boost British manufacturing.”

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