Thank you, Deputy Presiding Officer. Last month, I delivered an oral statement on how we plan to move the Welsh economy forward. I set out the action that we will take to build a stronger, fairer and greener Welsh economy. All of the issues that we discussed that day hinge upon our success in confronting the existential threat that climate change represents. Just as the reach of the threat is enormous, so too is the opportunity to create a brighter future for Wales with the economic security that comes with taking urgent action today.

The net-zero Wales plan published last week demonstrates how far-reaching action across Government will bring about a Wales that gives to our planet more than we take. The Climate Change Committee has been clear that Wales can meet its ambition for net zero by 2050, if everyone plays their part. The industry and business chapter of our plan outlines a vision focused on sustainability, fair work and the industries and services of the future.

The plan makes clear that by 2025, we expect to see a decrease in energy usage in industry of 4 per cent as a result of energy efficiencies. By the same date, we also want to see an increase in electrification in industrial processes by an average of 3 per cent, as well as growing hydrogen as a fuel by an average of 3 per cent.

We know that in Wales the stakes are high, as we have lived through the sharp end of de-industrialisation. Our geography, topography and heavy carbon infrastructure have long been regarded as vulnerabilities. However, we now have an opportunity to turn this challenge on its head by promoting Wales as a home and a test bed for economic renewal.

Just last month, I was delighted to announce an investment that is putting this promise into practice, as the smart energy company, Thermify, confirmed its new facility in Pencoed. This is inward investment that has been attracted by leading Welsh innovation backed by this Government. Thermify uses Raspberry Pi processors produced in Pencoed and will be collaborating closely with the SPECIFIC centre—that's Swansea University’s leading energy tech research hub.

This makes Wales home to a groundbreaking low-carbon heating system designed to provide homes with affordable heating and hot water. From research to application, our support has brought together Welsh and global innovation to deliver the high-tech and low-carbon industry that will help to shape the future. This is what Welsh innovation with global impact looks like, and I want to see more home-grown responses to shared global challenges.

The UK Government can help to unlock another urgent opportunity by providing the funding needed to make our coal tips safe. A fully funded, 10-year joint programme would allow us to work on the jobs, the tech, the engineering and the skills required to make Wales a leader in industrial remediation.

The United States has already started to take this approach to cleaning up its dangerous industrial legacy in states like West Virginia. Their plans to revitalise industrial communities mean that new federal funding is being directed to create jobs and projects, in a model that, thus far, the UK Government refuses to even entertain for Wales's valley communities.