Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government how many least developed countries are benefiting, or will benefit, from the Ayrton Fund, announced at the UN General Assembly in September; and what forms of climate change in those countries will be addressed.
The Ayrton Fund is a commitment that the UK Government has made to spend £1bn on Official Development Assistance (ODA)-funded research, development and demonstration (RD&D) in clean energy technology and business models for developing countries over five years from April 2021. The commitment will address development challenges in low-carbon energy (supply), low-carbon societies (demand), and smart and flexible energy delivery and storage to meet a range of Sustainable Development Goals (SDGs), such as Goals 7 and 13. Tangible examples of areas that the Ayrton commitment will seek to impact include:
The Ayrton Fund will be delivered through a series of expanded and new programmes and platforms, which will be available to all ODA-eligible countries, depending on the specific programme. Since some of these programmes and platforms are still to be developed, and since many will use open competitions to allocate the support, it is not possible to state at this stage exactly how many least developed countries will benefit (although they will all be potentially eligible).