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