The UK element of the Environmental Transformation Fund, which was formerly jointly led by the Department for Environment, Food and Rural Affairs and by the Department for Business, Enterprise and Regulatory Reform, has been led by the Department of Energy and Climate Change since its creation in autumn 2008.
There are a number of new projects under the UK Environmental Transformation Fund which are under active consideration at present—announcements will be made in due course. The most recent spend figures are as follows:
Project Amount spent since April 2008 (£000) Anaerobic Digestion Demonstration 1100 Bio-energy 1,513 Carbon Abatement Technologies 5,969 Carbon Trust funding for activities which support the development and deployment of low carbon technologies 34,400 Electricity Networks 95 Field trials and monitoring of energy saving techniques in domestic settings 394 Hydrogen Fuel Cells 947 International work 262 Low Carbon Buildings 10,645 Renewables Deployment 1,233 Renewable Energy Strategy 54 Severn Tidal Power Feasibility Studies 2,155 Support to Research, Development, Demonstration and Deployment for Emerging Energy Technologies 708 Wave and Tidal Energy 818 Wind Energy 226 1 Estimate.
The £800 million Environmental Transformation Fund—International Window is jointly owned by my Department and the Department for International Development. It has been allocated by the UK to the multi-donor Climate Investment Funds.
The first instalment of funds (£100 million) is in the process of being disbursed to the Climate Investment Funds. Following the Treasury allocations at the time of the spending review, £200 million will be disbursed in 2009-10 and £500 million in 2010-11.
The Climate Investment Funds are comprised of several funds and programmes. Funding is allocated on the basis of programmatic investment plans submitted by the recipient country. The Pilot Programme for Climate Resilience Committee has invited eight countries to become pilot countries for the programme (Bangladesh, Bolivia, Cambodia, Mozambique, Nepal, Niger, Tajikistan and Zambia). The Clean Technology Fund Committee has also endorsed the investment plans of Egypt, Mexico and Turkey.
The funds will be administered by the World Bank with individual programmes implemented through any one of the Multilateral Development Banks. We expect UN agencies to participate as delivery agents. More information can be viewed at:
www.WorldBank.org/cif