County Durham firms to benefit from £1.5m funding pot

Businesses from across County Durham are set to benefit from a £1.5m funding pot designed to help reduce their carbon footprint.

The region has been accepted as part of Interreg Europe’s SME Power initiative; a European Union-funded project that helps small and medium sized enterprises change their energy behaviour, reduce operational costs and cut carbon emissions. County Durham will receive £160,000 from the fund, which supports projects running from now until July 2022.

Cllr John Clare, climate change champion, said: “In February, we declared a climate emergency and set ourselves a target to be carbon neutral by 2050. This funding will help us to meet that target and we are delighted to be a part of this project.

“It can be difficult for SMEs to know how to reduce their carbon emissions. This project encourages businesses and energy experts to work together to explore methods that will not only benefit our planet but increase profits by reducing production and running costs.”

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