A NEW approach to re-using and re-purposing the region’s precious resources has been launched alongside a £240,000 fund to help local manufacturers cut waste and their use of raw materials.
The region’s first ever ‘Circular Economy Routemap’ has been drawn up by the West Midlands Combined Authority (WMCA) to show what can be done to make sectors such as manufacturing, construction and food more efficient in their use of resources.
The Routemap was announced to business leaders attending the launch of the new West Midlands Low Carbon and Circular Economy Fund.
The fund has been set up by the Greater Birmingham and Solihull Local Enterprise (GBSLEP) specifically for firms in the low carbon and food and drinks manufacturing sectors.
To apply for a grant, firms will need to work with low carbon innovators to develop more eco-friendly production methods that can either cut waste or carbon or drive the use of sustainable food and drink packaging.
The fund and Routemap were launched by Councillor Ian Courts, the Leader of Solihull Borough Council and WMCA portfolio holder for environment and energy, as well as GBSLEP Net Zero Champion.
“I’m backing the brand new West Midlands Low Carbon and Circular Economy Fund,” he said.
“It’s an important initiative that provides funding for businesses to lower their carbon emissions.
“This is critical in achieving our local and national net zero targets and most importantly mitigating the impact on our environment.”
For more details visit: https://gbslep.co.uk/