1. To adopt the proposed position statement as
set out in section 5.1 of the report on how the Growth Deal projects will
deliver against regional, Welsh Government and UK Government aspirations on
climate and ecological change, with the following adaptations:-
·
To
amend the second bullet point to read "deliver
at least 40% less embodied carbon”.
·
To
amend the third bullet point to read "deliver
at least 10% net benefit for biodiversity”.
·
Delete
the final sentence, namely "The Portfolio Management Office will work with project sponsors to
deliver the best affordable solution for each project”.
2. To note that all Growth Deal projects will
need to set out to what degree they will deliver against the position statement
and any relevant mitigations as part of the business case
approval process.
3. To delegate to the Portfolio Director, authority to determine the appropriate means of implementation and measurement across the portfolio and to note that this will require external expertise to be commissioned to support the Portfolio Management Office.