Monday, 3 October 2011

Scottish Government's Economic Strategy

The Scottish Government published an updated version of its economic strategy on 12 September.
The Strategy is intended to ensure that central and local government and other public bodies, work collaboratively with the private, academic and third sectors, in pursuit of the Scottish Government’s purpose and economic recovery.  The document maintains the five Strategic Priorities that were set out in the original 2007 Economic Strategy:
  • Supportive Business Environment;
  • Learning, Skills and Well-being;
  • Infrastructure Development and Place;
  • Effective Government;
  • Equity.
 Mr Swinney said the addition of the sixth Strategic Priority – Transition to a Low Carbon Scotland, which includes:
  • A £70 million National Renewables Infrastructure Fund to help leverage private sector investment to develop the infrastructure across the country to support offshore renewables
  • Positioning Scotland as a world leader in low carbon activities – a sector which is estimated to have the potential to support 130,000 jobs by 2020
  • Investing in further improving the quality of Scotland’s housing stock, including initiatives to improve energy efficiency and tackle fuel poverty.

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