WALES
Bold and Ambitious Transformation INTERVIEW "The region has great potential in terms of its economic base and diverse industries but also, beyond that, in terms of its commitment to people." READ THE INTERVIEW INTERVIEW WITH KELLIE BEIRNE, DIRECTOR, CARDIFF CAPITAL REGION Foreign Policy Devoted to the coverage of global affairs

Path to net-zero

Wales possesses immense energy potential from renewables, making it a prime location for investment as nations around the world actively transition away from fossil fuels to meet net-zero targets.

Tech and innovation

Wales is one of many nations focusing its attention on innovation and technology to turn around its economy. The country has been successful in attracting funding from the European Union’s innovation platform Horizon 2020, which saw 189 Welsh participants receive $92.7 million in funding.

Life sciences

Wales is home to an extremely vibrant life sciences industry with a wide international footprint. The sector’s more than 360 companies have an approximate turnover of $2.7 billion and employ more than 12,000 doctors and researchers.

Agri-food

Wales’ agri-food sector has traditionally been the nation’s economic backbone. Its famously rich green landscape has become a critical resource, with around 80 percent of land in Wales managed in some way to support farming.

“While we are dealing with the coronavirus pandemic, we must look towards how we will build a more resilient, greener and equal Wales to address the climate and environmental emergencies.”

Mr. Mark Drakeford, First Minister of Wales
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