Britain to create 1 billion pound fund for clean energy technology

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Britain will create a 1 billion pound fund for scientists around the world to create and test new technology to help developing countries reduce carbon emissions, Prime Minister Boris Johnson will say on Monday. At the United Nations General Assembly in New York, Johnson will call for greater global

LONDON - Britain will create a 1 billion pound fund for scientists around the world to create and test new technology to help developing countries reduce carbon emissions, Prime Minister Boris Johnson will say on Monday.

The Ayrton Fund, named after British physicist and suffragette Hertha Ayrton, will consist of aid money for British and foreign scientists and engineers to develop new clean energy technology in partnership with developing countries. "This innovative use of aid money benefits all of us and shows how we can use our aid budget to tackle climate change. The Ayrton Fund will back scientists and our world-leading tech industry – reducing emissions in the poorest countries with the help of our home-grown talent."

The 220-million-pound biodiversity fund will also invest in projects to tackle illegal wildlife trade by strengthening law enforcement, training anti-poaching rangers and helping communities find alternative ways to make a living.

 

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