Net zero related inward investment in the UK: 18 November 2020 to 12 October 2022 (web version)
Published 31 October 2022
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1. Summary of net zero related investment projects
| Measurement | 18 Nov 2020 to 31 Mar 2021 | 1 Apr 2021 to 31 Mar 2022 | 1 Apr 2022 to 12 Oct 2022 | Total (18 Nov 2020 to 12 Oct 2022) |
|---|---|---|---|---|
| Investment projects | 26 | 91 | 31 | 148 |
| New jobs | 589 | 8,804 | 1,921 | 11,314 |
| Capital expenditure (£m) | 1,862 | 12,979 | 4,920 | 19,761 |
Note that figures for 2020 to 2021 and 2022 to 2023 only relate to partial years.
Source: Department for International Trade.
2. Background and definitions
2.1 Investment projects
Figures reported in this publication are a combination of foreign direct investment (FDI) projects and non-FDI projects.
FDI is a cross-border investment made by a non-UK resident entity where the direct investor acquires at least 10% of the voting power or ownership. For non-FDI projects, the underlying principles of capital being invested into the UK remain the same. However there isn’t a need for job creation or for the capital to be invested directly from the overseas company to the UK entity. More detailed definitions are available in the technical annex.
2.2 Jobs
Job figures are estimates made at the start of each investment project. New jobs capture total jobs likely to be created within 3 years from the start of the project.
2.3 Capital expenditure
This relates to the monetary investment to acquire or upgrade physical (fixed) assets, such as buildings or equipment.
2.4 Timing
Data are based on projects landing between 18 November 2020 and 12 October 2022 therefore figures relating to 2020 to 2021 and 2022 to 2023 represent partial years.
2.5 DIT involvement
All investment projects reported in this publication have received support from DIT and/or one of it’s regional and local partners. See the technical annex for further information.
2.6 Net zero
All investment projects are related to one of the areas set out in the government’s 10 point plan for a green industrial revolution which was published in November 2020.