The Environmental Transformation fund is now closed but details of the scheme are given below.
The UK’s Environmental Transformation Fund was administered by DEFRA (Department for Environment, Food and Rural Affairs) www.defra.gov.uk and BERR (Department for Business Enterprise and Regulatory Reform) www.berr.gov.uk and began in 2008. There were actually two elements to the Environmental Transformation Fund, the UK element and the international element, both of which are detailed below.
The UK element of the Environmental Transformation Fund consisted of funds of £400 million (to cover financial years 2008/09 through to 2010/11) which went towards a range of ventures with the aim of speeding up the commercialisation of low carbon energy and energy efficiency technologies in the UK. Some of the ventures funded by the Environmental Transformation Fund have included the Low Carbon Buildings Programme (no longer open to new applicants), the Bio-Energy Capital Grant Scheme and various Carbon Trust programmes and initiatives.
The international element of the Environmental Transformation Fund was a joint DECC (Department of Energy and Climate Change) and DFID (Department for International Development) fund of £800 million. This money was the UK’s contribution to the international Climate Investment Funds as launched by the G8 in 2008 in a global effort to combat the effects of climate change and poverty in developing countries. This international element of the Environmental Transformation Fund has been replaced by the International Climate Fund. More information on this can be found at the Climate Funds Update website.
Source: www.decc.gov.uk 2011
