Policy Update: November 2023

Autumn Statement

The Chancellor of the Exchequer presented his Autumn Statement to Parliament on Wednesday 22 November 2023. The key announcements relevant to the work of the Combined Authority include:

Local Nature Recovery Strategy

Local Nature Recovery Strategies (LNRS) were introduced in the Environment Act 2021 to:

There are 48 strategy areas covering the whole of England and each LNRS will agree priorities for nature recovery and propose actions in the locations where it would make a particular contribution to achieving those priorities.

Tees Valley Combined Authority has been appointed as the Responsible Authority for preparing and publishing a LNRS for the Tees Valley and will work with other organisations and partners in the area to agree priorities for nature recovery in the region.

Details on the strategy development progress are available here: Tees Valley Local Nature Recovery Strategy – Business (teesvalley-ca.gov.uk)

Innovate UK (IUK) Local Action Plans

Place and Levelling Up is one of six foundations in IUK Plan for Action. To strengthen the innovation capability in Tees Valley and drive economic growth for the region and nationally, a co-created and jointly owned plan is being developed by IUK and Tees Valley Combined Authority, with involvement from partners across the regional and national innovation eco system.

The Local Plan will enable us to align the strategic objectives of Tees Valley and focus on the clusters and activities that are most important to Tees Valley, enabling us to connect national to local with a shared purpose to drive growth through innovation.

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