The past year has seen an unprecedented growth in political interest in the Environmental agenda; and the CleanTech sector is a natural fit for the Island’s high tech engineering sector, strong construction industry, and internationally recognised Biosphere Status.
As part of the Isle of Man’s response to climate change the Isle of Man Government is committed to transitioning to a net-zero emissions Island for the benefit of the environment, the Manx people, and to be a responsible global partner.
The Isle of Man Government has pledged a commitment to undertake a range of initiatives in an ambitious Action Plan set out to enable the Island to achieve Net Zero Emissions by 2050.
The changes required to achieve net zero emissions will create business opportunities in many areas including;
Innovation and new technologies will be key to delivering net-zero emissions. With well-developed business networks, world leading professional services support, a single vertically integrated utility company (MUA) and synergies with existing sectors; engineering and manufacturing, construction and biomed, we believe that the Isle of Man is competitively positioned to benefit from the opportunities arising in the low carbon and environmental goods and services sector.
The Isle of Man offers excellent natural resources, including one of the best wind resources in the British Isles, a 5m tidal range and a spring tide that travels at 3m per second- providing an ideal testing ground for those working to develop tomorrows Clean Technology solutions.