The UK government has announced a major new phase of its international clean energy leadership, confirming the extension of the Ayrton Fund to 2030 and an \u00a388 million scale-up of its flagship Transforming Energy Access (TEA) platform.<\/p>\n
The boost is aimed at strengthening global partnerships while supporting UK innovation, jobs and long-term economic resilience.<\/p>\n
The announcement, made at the Ayrton Forum at the start of London during Climate Action Week, also includes the publication of the UK\u2019s fourth International Climate Finance (ICF) strategy, which sets out how the UK will mobilise finance, strengthen resilience and accelerate access to clean and affordable energy worldwide.<\/p>\n
The fund currently supports projects in more than 100 countries across Africa, Asia and the Indo-Pacific.<\/p>\n
According to the statement, the initiative has so far improved access to clean energy for 46 million people, leveraged \u00a33 billion in additional public and private investment, and enabled more than a quarter of a million green jobs globally.<\/p>\n
Speaking at the event, Professor Sir John Edmunds, Chief Scientific Adviser at the Foreign, Commonwealth and Development Office, said the future of development lies in bringing innovation and investment together to deliver smarter, more sustainable and more diverse financial flows.<\/p>\n
He emphasised the need for fairer access to knowledge, skills and technology, while ensuring that countries and communities play a central role in shaping solutions that address their own development challenges.<\/p>\n
\u201cAyrton exemplifies this \u2013 the UK working as an international partner \u2013 moving ideas from research into the real world by bringing together researchers, entrepreneurs, governments, investors and multilateral institutions. In an uncertain and contested world, energy is the pivot issue on which so much rides \u2013 security, development, climate, and equality,\u201d he said.<\/p>\n
He added that the UK was proud to contribute to building \u201ca cleaner, fairer, healthier future for all.<\/p>\n
More than 300 leaders from across business, finance, government, academia and civil society are taking part in the forum to celebrate the Fund\u2019s achievements and discuss how to accelerate clean energy transitions in emerging economies ahead of 2030\u2019s Sustainable Development Goal (SDG) targets.<\/p>\n
Launched in 2021, the Ayrton Fund brings together the UK Government\u2019s ODA clean energy research, development and demonstration (RD&D) portfolio under a single cross government framework spanning the Foreign, Commonwealth and Development Office (FCDO), the Department for Energy Security & Net Zero (DESNZ), and the Department for Science, Innovation and Technology (DSIT).<\/p>\n
It supports clean energy technology innovation, alongside the business models and systems needed to deploy them at scale.<\/p>\n
The Fund contributes to SDG7 on energy and SDG13 on Climate, and aligns with wider UK priorities, including the Global Clean Power Alliance (GCPA) and the Foreign Secretary\u2019s priority of \u201caccelerating the global clean energy transition while delivering opportunities for the UK.<\/p>\n
EXPLAINER: Since launch, UK-supported innovations have:<\/strong><\/p>\n Improved clean energy access for 46 million people in developing countries \u00a0<\/p>\n The post Energy Access: UK announces extension of Ayrton Fund<\/a> appeared first on KBC Digital<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The UK government has announced a major new phase of its international clean energy leadership, confirming the extension of the Ayrton Fund to 2030 and an \u00a388 million scale-up of its flagship Transforming Energy Access (TEA) platform. The boost is aimed at strengthening global partnerships while supporting UK innovation, jobs and long-term economic resilience. The […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-144574","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/144574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=144574"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/144574\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=144574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=144574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=144574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nLeveraged \u00a33 billion in additional public and private investment
\nReduced CO\u2082 emissions by 14 million tonnes \u2013 the same as the annual carbon footprint of 2.5 million people in the UK
\nEnabled more than 256,000 green jobs globally
\nThe Fund has also delivered clear benefits for the UK, supporting over 300 UK\u2011based organisations involved in clean energy research and innovation, and enabling more than 1,000 UK jobs.<\/p>\n