Lord Drayson, Minister for Science and Innovation said: "Greater Manchester is a fantastic choice to be the next LCEA. The Manchester universities are known for leading research on the built environment putting the region in the best position to face a low carbon future, safeguarding jobs, stimulating growth and preventing catastrophic climate change."
The LCEA will involve a five-year "retrofit" programme, which will be one of the largest initiatives of this type in the world - improving the insulation of thousands of homes and offices in Greater Manchester.
Small-scale renewable energy technologies will also be installed and "smart meters" will be introduced so people can see how much energy they are using.
The Low Carbon Economic Area in Greater Manchester will:
- Save 6 million tones of carbon
- Create an additional £650 million to the economy
- Support 34,800 jobs
The announcement means that over the next five years Greater Manchester will become a world leader on this agenda and enjoy a range of additional benefits linked to jobs and investment, sharing its expertise throughout the UK and beyond.
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