Greater Manchester could miss out on £21 billion in growth opportunities over the next 12 years if it does not address the challenge of climate change, a new report released on Friday will claim.
A Deloitte report commissioned by Manchester Enterprises, the economic development agency, on behalf of the Association of Greater Manchester Authorities (AGMA), analysed the key economic impacts of climate law, policy and regulation on Greater Manchester.
It will say that businesses and the public sector in the region will face a "significant challenge" in adapting to global warming.
The report concludes if Manchester and the North West are to compete with regional rivals then timely action is required in the here and now.
Lord Peter Smith, chairman of the Association of Greater Manchester Authorities (AGMA), said: "This is a really important and unique piece of work which sets out the climate change agenda within the Greater Manchester context.
"Internationally it is the first piece of such work undertaken at a city-regional level and is a further demonstration of our determination to ensure that Manchester becomes recognised as a world-class city region."
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