10:59 Peter Aldous (Waveney) (Con)

The strategy has been reviewed following the signing of the trade and co-operation agreement with the EU this time last year, and funding has recently been received from the Blue Marine Foundation to start work on implementing the 11-point plan. I will not go through them all in detail, but I will highlight three: first, to promote sustainable fishing practices and the reduction of carbon dioxide emissions—it is very much about clean and green growth—secondly, to invest in port infrastructure; and thirdly, similarly to enhance processing and marketing facilities. The reallocation of the enterprise zone will support those proposals, which will create jobs not just on fishing boats, but right along the supply chain, from the net to the plate.

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11:14 Neil O'Brien (Conservative)

I know that my hon. Friend is passionate about the role that East Anglia could play in the emerging green economy, about which he talked in his speech. I share his enthusiasm for developing our emerging industrial strengths in areas such as offshore wind, the use of nuclear and hydrogen fuels, and carbon capture technology. The transition to net zero presents a real opportunity to support communities that may be impacted by climate change and flooding, and also to drive levelling up across the country. The Government are working closely with local partners to ensure that we maximise the economic growth opportunities that emerge from the transition to a low-carbon economy, as well as support communities around the country to adapt to the impact of climate change. I know that there are several examples in my hon. Friend’s constituency of communities taking advantage of those opportunities: for example, the ambition to create a self-sustaining hub at power park in Lowestoft, or Associated British Ports’ £25 million investment in the Lowestoft Eastern Energy Facility to create more quayside space, create deeper water, and provide officers and additional facilities for crew transfer vehicles. All that drives local economic growth.

We are proud to lead the world by ending our own contribution to climate change—not just because it is the right thing to do but because we are determined to seize this unprecedented opportunity to boost local economies. We want to build back better from the pandemic by building back greener and levelling up our country with high-skilled, high-wage, sustainable new jobs in every part of the UK. As part of that, “The ten point plan for a green industrial revolution” will mobilise £12 billion of Government investment, and potentially three times that from the private sector, to create and support up to 250,000 British jobs in clean energy, clean transport, nature recovery and innovative new technologies. Taken together, those programmes are helping to maximise the economic potential of my hon. Friend’s constituency.

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