Britain to create 1 billion pound fund for clean energy technology

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Britain to create 1 billion pound fund for clean energy technology
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Britain will create a 1 billion pound ($1.25 billion) fund for scientists around...

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.

At the United Nations General Assembly in New York, Johnson will call for greater global action to tackle what he will describe as the twin threats of climate change and biodiversity loss. He will also announce a 220 million pound fund to help save endangered animals like the black rhino, African elephant, snow leopard and Sumatran tiger.

“If we get this right, future generations will look back on climate change as a problem that we solved by determined global action and the prowess of technology,” Johnson said in a statement ahead of his visit to New York. The money is intended help developing countries cut emissions through measures like using solar technology, improving large-scale battery technology to replace diesel generators, designing clean stoves to cut firewood use, using low-emission and electric vehicles and cutting emissions from factories in polluting industries like iron and steel.

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