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Welcome to Wales! Croeso i Gymru !. Economic backdrop. UK GDP is £1.5 trillion Wales GDP is £44 billion Wales will be eligible for further £1.3bn EU funds until 2020 . Current value of Welsh environment. worth £8.8 billion to the Welsh economy - PowerPoint PPT Presentation
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Welcome to Wales!Croeso i Gymru!
Economic backdrop
• UK GDP is £1.5 trillion
• Wales GDP is £44 billion
• Wales will be eligible for further £1.3bn EU funds until 2020
Current value of Welsh environment
• worth £8.8 billion to the Welsh economy
• £1 in every £5 generated in Wales is dependent on the environment
• 1 in 6 jobs is reliant on the Welsh environement
Annual Value to the Welsh Economy
• Tourism - £6.2 billion• Wildlife-based activity - £1.9 billion• Agriculture - £1,035 million• Marine and coastal environment
- £1.5 billion• Forestry - £429 million
Why invest?
• Benefits increase long-term after one-off investment
• Environmental sustainability and economic prosperity go hand in hand
• Green economy generates growth • Improves people’s quality of life
How can we build on this?
• Management of Natura 2000 Network– Tourism–Recreation–Water Quality– Flood Control
• Renewable energy• Energy savings• Sustainable Transport
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