This may include adverts from us and 3 rd parties based on our understanding. At the Global Investment Summit, Alison Rose, chief executive of NatWest, said that small and medium sized SMEs have a wonderful opportunity to see their profits soar as Britain makes transition to a carbon-free economy. The talk comes as Scotland prepares for the COP 26 climate summit in two weeks. As Britain heads into the COP, Britain will be hoping to see its ambitious companies and discuss climate targets at this time.
As Natwest as well as other businesses look to decarbonise in a profitable way, the Prime Minister will be surprised by Boris Johnson's announcement. Ms Rose said there was an opportunity for UK companies to see revenue soar with hundreds of thousands of green jobs to be created if investments are made quickly. According to Ms Rose speaking in a panel with business secretary Kwasi Kwarteng present, "Actoring really these investment ideas to life, that'is the key of success"
With no disrespect to large businesses, building a net zero plan, they have resources to do that. The opportunity of transition and the value it will create for the SMEs in the UK, they represent 50 percent of the turnover of the UK and 60 percent of employees. When we look at the business case that is available to help them transition to a low-carbon economy, it represents around 160 billion revenue opportunity and 130,000 jobs from this shift to low carbon. These great opportunities and this path to net zero s is coming. The value opportunity and the value it can bring is really valid. But Ms Rose said that it is ia potential investment and direct action is taken now to fulfil the UK's key growth. READ MORE: La Palma evacuation warning over 'unstoppable' red-hot lava river that looks like a pit where there is a maze of volcanic geothermal fluids?