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SMEs in Low Carbon Economy

Commissioned by the Department for Business Enterprise and Regulatory Reform

This report reviewed the established evidence and thinking around the challenges and opportunities that affected the UK small and medium-sized enterprises (SMEs) in the transition to a low carbon economy.  The serious threat of global climate change is primarily caused by the burning of fossil fuels and land-use change and few now dispute that there is a need for urgent collective action to achieve a transition to a low carbon and more resource efficient economy.  Although little has been written specifically on SMEs in a low carbon economy, a considerable body of relevant academic and policy literature has been identified. The review indicated that there were good reasons for treating the aim of achieving a low carbon economy as being closely aligned to that of achieving sustainable development – economic development which is environmentally and socially sustainable.

Date of publication: January 2009

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