Green economy sees boost in the South East

A new report has highlighted how the green economy in the South East is continuing to expand despite the recession.

The research paper revealed that while many industries are struggling environmentally-friendly business is thriving, with the South East leading the way.

Green Economy: A UK Success Story, published by environmental think tank Green Alliance, shows the green economy will have grown by around 40% by 2014, with the South East reaping the benefits.

There are now 120,000 low carbon and environmentally friendly jobs in the region – more than motor trades and telecommunications combined - with 2,500 already added in the 2011/12 financial year.

Peter Skinner, Labour MEP for the South East, said: “Too often we see protecting the environment as a costly luxury we can’t afford when the economy is in a bad state. This proves the opposite is true; while traditional sectors continue to struggle green companies are creating jobs and boosting the economy.

“The stunning growth we are seeing shows the confidence of private sector investment and the potential of low carbon businesses. We need to get behind them and make sure the right policies are in place to keep this momentum going.”