Recommendation 8

The shift to a net zero economy will be one of the most significant economic transformations in decades. It will have far reaching consequences for communities and individuals across the UK, for livelihoods and lifestyles. While this decarbonisation journey offers potentially rich rewards, it also contains significant risks for the Welsh economy. While Wales’ natural resources may lend themselves to renewable generation projects, there is no guarantee that the supply chains and workforces involved in the development of these programmes will be based in, or come from, Wales. Securing the benefits of, and minimising the risks from, the shift to net zero will, among other things, require a comprehensive strategy, and focus, on upskilling the Welsh workforce.