Creating jobs through carbon emission reductions is the aim of a new research project being backed by Derbyshire County Council.
The county council has joined forces with Derby City Council and the University of Derby to research opportunities for carbon reduction in the local economy.
It is estimated the low carbon economy is worth £3bn a year in the UK and councils want to see how they can help Derbyshire firms benefit.
The research will look at opportunities for companies to save money by reducing their emissions and identify opportunities for businesses to set up and grow in the carbon reduction sector.
Coun Kevin Parkinson, said: “The low carbon economy offers real opportunities to develop new businesses and employment.”