UK government launches AI innovation programme to lower carbon emissions

"Putting this rapidly-evolving technology into action will enable us to save energy costs for businesses and households, create high-value, skilled jobs, and kickstart millions of pounds of private investment while supporting our net zero targets."

So says Britain's science minister, George Freeman, in announcing $1.7 million in funding for artificial intelligence projects to reduce carbon emissions, per the Guardian.

The AI for Decarbonization Program, part of the UK's $1.19 billion "Net Zero Innovation Portfolio," will offer up to $595,682 in funding to help co-finance a virtual center of excellence on AI innovation and decarbonization until March 2025.

A second funding stream will go toward "innovative initiatives" that further the development of AI technology to help decarbonization. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

The Age Of Adoption: Bold Actions For A Net-zero Future

"We have arrived at a new age in climate history, and it is not a moment too soon," writes Matthew Yglesias at Vox. He's referring to what he calls the "Age of Adoption," a time he says has...more

GMA, Wavemaker 360 Enter Health-tech Partnership

There's a 10,000-mile gap between the US and the Philippines when it comes to health careand it's about to be filled by a US venture fund. GMA Ventures, a wholly-owned investment arm of the...more

Ethical finance platform Goparity lands a €2 million boost to fuel international growth

A Portuguese crowdfunding site that connects investors with social and environmental impact projects has raised more than $1 million in its latest round of funding. Goparity, which has more than...more

Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up

The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people. Here's what you need to know: The...more

Aspiration Becomes Foundational Investor in Compassionate Carbon to Further Innovation ...

One of the biggest carbon traders in the world is teaming up with one of the biggest tree-huggers to create what the New York Times calls "one of the biggest carbon markets in history." The...more

New Collaboration And Investment Scales Up Innovation To Improve Vaccine Delivery
Foundation: Coca-Cola Foundation

Some 23 million children missed out on vaccinations in 2020, the highest number since 2009and 3.7 million more than in 2019. That's why the Coca-Cola Foundation and Project Last Mile are teaming...more

New Investors Announced For Social Impact Investment Fund That Backs Under-Represented Groups

In the UK, entrepreneurs from underrepresented groups are often shut out of investment opportunitiesuntil now. That's about to change. Big Issue Invest, the University of Edinburgh's Social...more

Impact Investment Market Outlook For 2023 And Beyond

Environmental, social, and governance (ESG) issues have long been considered the No. 1 concern when it comes to potential investment opportunities, but a new report from the Global Impact Investment...more

The Mounting Cost Of Anti-ESG Movements

A new study finds that states boycotting certain companies over environmental, social, and governance (ESG) concerns could cost them as much as $708 million a year in extra borrowing costs. The...more

Maximising Impact Through Investment

When it comes to environmental, social, and governance (ESG) metrics, some say they're the most important factor when investing. Others, however, say they're just as important if not more...more





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