15 January 2020
A new fund will make up to £6 million available for projects that help small and medium sized businesses across Scotland take advantage of the low carbon economy.
Launching the Low Carbon Challenge Fund at Star Refrigeration in Glasgow, First Minister Nicola Sturgeon said it was another step towards the target of ending Scotland’s contribution to global climate change by 2045.
The First Minister said:
Being at the forefront of the global transition to a low carbon economy is not just good for the environment – it is stimulating innovation and opening up new opportunities for our businesses. This fund will back projects that help small and medium size companies across Scotland expand their expertise, develop products and build partnerships to enable them to exploit these new emerging markets.
“Star Refrigeration is a great example of how tackling climate change can also be good for jobs and business. As we prepare to host the UN Climate Change Summit – COP26 – in Glasgow in November, it is fitting that Scottish companies are providing practical solutions to the environmental issues our world faces.”
First Minister @NicolaSturgeon launched the Low Carbon Challenge Fund at @StarRefrig in Glasgow. The £6m fund will help small and medium sized businesses take advantage of opportunities presented by the low carbon economy. pic.twitter.com/bUhnPsQJuP
— First Minister (@ScotGovFM) January 15, 2020