Australian and New Zealand businesses will benefit from the UK's Digital Trade Network’s Net Zero Innovation Handbook
Launched today in Sydney by the UK’s International Trade Secretary, the UK Government, in partnership with PwC and Tech Nation, is publishing its Net Zero Innovation Handbook. This handbook was developed by the UK’s Digital Trade Network as part of its 2022 Net Zero Innovation Mission.
The Net Zero Mission builds on the Glasgow Climate Pact, by connecting organisations in Australia and New Zealand that have a clear decarbonisation need with UK climate tech companies that have innovative solutions.
To understand how UK tech can help to solve net zero challenges that businesses face, the team engaged with over 600 organisations in Australia and New Zealand. They outlined their decarbonisation plans and shared the toughest parts of their net zero journey.
Key challenges in the region include digital carbon accounting, emissions capture, and Scope 3 supply chain emissions reporting. The Handbook showcases UK solutions to these challenges and the next phase of the Mission will connect UK, Australian and New Zealand firms to facilitate collaboration across these priorities.
The UK is at the forefront of a global boom in green innovation investment. Tech startups have seen 210% growth in investment year on year and the UK saw more climate technology companies receiving venture funding than any other European country.
UK Secretary of State for International Trade Anne-Marie Trevelyan said:
British Consul General and Deputy Trade Commissioner Asia Pacific (Australia & New Zealand), Louise Cantillon said:
The work follows the UK’s Presidency of COP26, the UN Climate Change Summit held in Glasgow in November 2021. COP26 brought together government and industry through the UK’s ‘Race to Zero’ Campaign where a collection of organisations made new commitments to reach ‘net zero’ emissions and accelerate their decarbonisation.
The UK’s Green Industrial revolution is creating a pathway for green innovation mobilising £12 billion of government investment, and potentially 3 times as much from the private sector.
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