UK prime minister Rishi Sunak has announced a further £66 million of funding for the Clean Energy Innovation Facility (CEIF) at this year’s Climate of the Parties (COP27).
Launched in 2019 by the department of Business, Energy & Industrial Strategy (BEIS), the CEIF provides grants to researchers and scientists in developing countries to accelerate the development of clean technology.
The government said the funding comes in support of the government’s aims to partner with the private sector to facilitate green innovation and energy transition, at home and around the world.
Sunak told COP27 attendees: “By honouring the pledges we made in Glasgow, we can turn our struggle against climate change into a global mission for new jobs and clean growth.”
The government said that funding will also help the drive for net zero, reducing the global demand for oil and gas, and “cut off the funds for Russia’s brutal war machine”.
Since its inception, the CEIF has supported the creation of biomass-powered refrigeration in India, prototype lithium-ion batteries in Nigeria and clean hydrogen-based fuels for steel production in Morocco, among other innovations.
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