The study revealed that the Fraser Valley has a solid foundation and set of underlying strengths to further accelerate growth of the region’s clean economy—responsible for generating $1.17 billion in direct GDP and directly employing more than 11,000 people in 2016. The final recommendations of the study are used to inform the FVRD’s Regional Growth Strategy and ensure alignment with federal and provincial clean economy objectives.
Opportunity areas identified in the report ripe for accelerated investment in the region include:
- Precision agriculture technologies
- Low-carbon transportation and first-mile/last-mile mobility solutions
- Modular and pre-fabricated green building construction
- Waste-to-resource products and services linked to the local bioeconomy
- Leveraging expertise through the University of Fraser Valley and local technology focused accelerators
The FVRD also showcased the outcomes from the study at the international GLOBE Forum in February 2020. The Clean Economy in the Fraser Valley Spotlight side event showcased local project, partnership and investment opportunities, attracting a diverse audience, including international investors, cleantech solution providers, government policymakers, local economic development partners, city officials, and First Nations community leaders.
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