New analysis has found that net zero-related industries contribute £4 billion in Gross Value Added (GVA) and support over 41,300 jobs, representing 4.3% of Wales's total economic output and 3.1% of employment.

The report, commissioned by the Energy and Climate Intelligence Unit (ECIU) with analysis provided by the independent consultancy CBI Economics and The Data City, found that more than 1,300 businesses, mostly (87%) small or medium-sized, spread right across the country are now part of the Welsh net zero economy. Around a sixth (15%) of those have started up in just the past five years.