Support for the UK’s large and growing environmental industry has been a key activity for UK CEED since its foundation. The industry encompasses diverse activities ranging from the provision of end of pipe pollution control and monitoring equipment to the development of cleaner technologies, materials and processes. UK CEED’s programme focuses on:
- market analysis and business support
- developing and promoting sector skills
- supporting supply chain development
- encouraging inward investment and trade
- catalysing innovation and the development of new technologies.
EnviroCluster
The EnviroCluster initiative focuses on the significant low carbon and environmental goods and services (LCEGS) sector cluster in the Greater Peterborough Growth Area; the largest of its type in the UK. The city’s 380 organisations in this sector employ around 5,000 people and have a collective turnover of £340m. The initiative aims to stimulate vibrant activity, grow existing businesses and encourage start-ups and inward investment.
Since the cluster initiative was launched by Lord Sainsbury in 2002, UK CEED has attracted more than £1 million of inward investment to the sector in the form of funding for Encluster and various projects in energy, waste, and sector skills – all of which have involved and benefited cluster companies. The initiative has also helped create over 20 new jobs and has gained the recognition of EEDA in its original and current Regional Economic Strategy and it has also been recognised by an EU report in 2004 focusing on the most innovative clusters throughout Europe. The project activities have increasingly been rolled out across the region and the Peterborough cluster is now at the heart of a new enterprise hub and innovation centre promoting environmental technologies. UK CEED is also a partner in an EU project designed to identify success factors in cluster development initiatives across Europe (CENCE).
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EnviroDaq
EnviroDaq 100 is a unique index of the UK-listed companies in the Environmental Goods and Services sector. By benchmarking performance in the environmental industries the index aims to attract investment to this growing sector. A sector which is estimated to be worth £46 billion by 2015.
Investment in environment sector companies also provides an opportunity for responsible investment; as it is these companies that are at the forefront of solving the environmental issues facing us globally. This isn’t based on subjective assessment criteria but by the fact that at least 60% of their turnover is generated from providing environmentally focussed goods and services.
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