Decision details

(i)              In respect of the Net Zero Region Accelerator the Investment Committee approved that:

(a)        The Net Zero Region Accelerator scheme proceeds through decision point 2 (Strategic Outline Case) and decision point 4 (Full Business Case) with Approval to Proceed to activity 5 (Delivery).

(b)        Approval to the Combined Authority’s contribution of £0.8 million (which will be funded from the Combined Authority’s gainshare to fund the economic recovery is given. The total scheme value is £0.8 million.

(c)        Future approvals be made in accordance with the assurance pathway and approval route outlined in this report. This will be subject to the scheme remaining within the tolerances outlined in this report.