The industrial strategy will only succeed if it fosters low carbon and resource efficient growth.
Our full evidence report and infographic sets out the three elements that a successful industrial strategy needs to do:
- Raise the baseline: to build UK manufacturing competitiveness by using product and process innovation to radically improve energy and resource efficiency.
- Futureproof: to ensure that leading UK business sectors remain competitive by developing goods, services and processes that will be in high demand in a low carbon, resource efficient world.
- Double down: to focus on sectors that have the potential to deliver both high productivity and decarbonisation, to foster world class new industries in the UK.