A Sustainable Local Economic Strategy realised through more Green Enterprises and Employment
This report is a case study using the Isle of Wight to develop a model to estimate the number of jobs that would be created by the transition of key sectors of the economy. The model made use of published data about the number of jobs associated with activities such as insulating homes, or installing renewable energy systems, and data on the Isle of Wight.
The Report proposes that a Green Transition could be coordinated through a green enterprise innovation hub, linked to relevant departments at Portsmouth, Bournemouth (including a link to National Coastal Tourism Academy) and (renewables and energy storage expertise) Southampton Universities. It could also be supported by identifying specific locations for these new Green enterprises to flourish. This could be linked to low-cost start-up/ community-benefit and innovation units within existing or new green enterprise area.
Cllr Michael Lilley (Ryde East) states:
“As a local Ward Councillor in Ryde, I am very aware that there is a real need for well-paid and sustainable jobs for local residents especially the next generation. I have spent over 40 years of my working life supporting people who experience isolation and poverty due to depression, anxiety and other mental health issues. There is clear evidence that a valued good secure job does improve mental well-being. The Isle of Wight has two very important commodities, one a Green environment and a history of engineering, which lends itself to Green job creation. This report feeds into the on-going dialogue of sustainability and employment.”