Government injects £116m into green technology innovation

clock • 2 min read
The second phase of the Direct Air Capture and Greenhouse Gas Removal programme is open to applicants for a share of £64m in funding
Image:

The second phase of the Direct Air Capture and Greenhouse Gas Removal programme is open to applicants for a share of £64m in funding

Direct air capture technologies a major winner, as government announces fresh funding boost for UK clean tech developers

Carbon capture technologies, energy efficiency innovators, and clean tech start-ups are all set to benefit from a £116m government funding boost aimed at accelerating the UK's green industrial revolution,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

BSI unveils UK investment standards to combat 'greenwashing' in nature markets

BSI unveils UK investment standards to combat 'greenwashing' in nature markets

Government-backed Nature Investment Standards aim to boost investor confidence in nature-based carbon credits, biodiversity net gain projects, and farming subsidy schemes

Michael Holder
clock 26 March 2026 • 2 min read
Church of England Pensions Board to vote against 'climate backtracking banks'

Church of England Pensions Board to vote against 'climate backtracking banks'

Manager of £3.4bn-worth of funds reveals plan to vote against reappointment of directors at leading banks over climate risk concerns

Michael Holder
clock 26 March 2026 • 5 min read
Draft guidelines unveiled to help unlock finance for industrial decarbonisation

Draft guidelines unveiled to help unlock finance for industrial decarbonisation

Voluntary Transition Finance Guidelines aim to provide greater clarity and consistency for investors to help them support 'real economy decarbonisation'

Michael Holder
clock 26 March 2026 • 4 min read