Companies which took part in the Scottish Government's first ever
business delegation at COP28 say they expect to generate an
estimated £66.74 million in net zero export sales over the next
three years according to a new report published today.
A total of 19 net zero focussed Scottish companies attended the
programme of business activities at the global climate summit in
Dubai last year, supported by the First Minister Humza Yousaf and
the Cabinet Secretary for Wellbeing Economy and Net Zero
Màiri McAllan.
Of these companies, 14 reported forecast export sales of £66.74
million over three years, with three already reporting business
won due to their participation. 94% of the delegation also stated
they found the programme valuable, with 545 new contacts made.
Net Zero Secretary Màiri McAllan said: “I welcome the
findings that the Scottish Government's first ever business
delegation at COP28 say they expect to generate over £66 million
in net zero export sales over the next three years.
“They helped to showcase Scotland's net zero ambitions on a
global stage, in renewable energy and other key areas of
interest, and demonstrated that Scotland is best placed to
attract vital investment into our net zero industries,
particularly in the North East.
“Tackling climate change is an environmental and moral
imperative, and if done right it also presents perhaps the
biggest socioeconomic opportunity of our generation, with
potential for investment, economic growth, and job creation
across the country.
“Our attendance at COP28 not only enabled us to share our
progress towards a just transition to net-zero which protects
jobs, and help lead the way in meaningful dialogue on global
climate action, but also allowed us to advance international
relations with countries who share our interests and ambitions.“
As well as strengthening economic and investment relationships,
the Scottish Government achieved a number of outcomes in relation
to tackling climate change, including:
- highlighting Scotland's experience and expertise in
renewables when meeting with representatives from other
governments including a bilateral meeting with the Prime Minister
of Barbados Mia Mottley and the French Minister for Energy
Transition, Agnés Pannier- Runacher
- announcing £2 million of additional funding to address loss
and damage - helping to maintain the focus on the most vulnerable
communities most in need of funding
- demonstrating the importance of delivering climate action at
all levels of government, with the First Minister taking part in
the Local Climate Action Summit
Background
COP28 Outcomes
report
Scottish Government costs for participating in COP28 were around
£400,000.