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            "text": "Executive Summary Continued",
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            "text": "In terms of implementation, the strategy is also supported by the full policy and investment infrastructure of WMCA's new devolution settlement.",
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                    "text": "WMCA’s new devolution settlement.",
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            "text": "The strategy builds on its pioneering heritage by moving ahead of national Building Regulatory changes. At the same time, a phased incremental approach provides certainty and clarity to industry partners, with a planned transition over time ensuring that there is no negative impact on viability or deliverability. Finally, a performance-based approach adopted in the strategy, rather than a method or material prescriptive approach, will ensure that we are as inclusive as possible to all supply chains."
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            "text": "We have carefully aligned our standard through industry engagement, led by our Future Homes Taskforce, and drawing upon our existing Zero Carbon Homes Routemap to Net Zero Homes. We recognise that, initially, the standard will require higher upfront investment, potentially some £10-£15k per dwelling. We are confident, however, that, as capability builds, national policy changes, economies of scale emerge in the use of new technologies, and the systemic shortfalls in labour and skills drive increases in traditional construction costs, the initial cost increase of the region's technical standard will reduce, potentially to zero, by 2030."
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            "text": "The key to success is consistency and visibility of demand. This includes both the overall long-term quantum of homes to be commissioned, and the type of homes and technical solutions that will be required. This aggregated and standardised requirement, supported by our own interventions, will enable industry to invest, drive up the quality of new homes, drive down their environmental impact, and thereby create a UK-leading manufacturing industry."
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            "text": "Through our engagement with developers, investors, suppliers and other stakeholders, we are confident that this is a move that industry is starting to make already. There is a clear opportunity for the West Midlands to take a leadership position, demonstrating that change is not just possible but necessary. Through this strategy, WMCA is embracing its role as a facilitator and leader to shift the needle on this agenda, maximise the opportunities it creates and best support the region, its local authorities, businesses, developers, and residents."
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