The Royal Academy of Engineering has announced the launch its Green Future Fellowships, which will award £150m over the next five years to the 50 best ideas and scalable technologies essential for reducing emissions.
The initiative will provide investors, scientists, researchers, and engineers with the funding and capacity to transform their ideas and existing initiatives into scalable engineering solutions.
At least 50 fellows – 10 a year for five years – will receive up to £3m each to develop and scale their ideas for up to a decade.
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It’s hoped that the climate tech solutions will contribute to reducing greenhouse gas emissions and help society adapt to the impacts of climate change.
Dr Hayaatun Sillem CBE, CEO of the Royal Academy of Engineering, said: “The climate and sustainability crisis is the challenge of our generation, requiring era-defining solutions to be developed and deployed at scale and with urgency.
“The Green Future Fellowships programme provides a new opportunity to do just that, providing the flexible, long-term support required to accelerate scalable and commercially viable climate innovations at all stages of development.”
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In a survey of 2,000 adults conducted by Opinium on behalf of the Royal Academy of Engineering, nearly two thirds (64%) of respondents said that more needs to be done to scale existing solutions to tackle the climate crisis.
The study also found that seven in 10 people surveyed believe that engineers are essential for developing solutions that will help society adapt to living with the effects of climate change and preventing greenhouse gas emissions.
Almost two thirds (63%) said that the UK needs more people to become engineers to tackle the climate crisis.
Innovations and achievements in sustainability will be highlighted and celebrated at the second annual Robotics & Automation Awards on 06 November 2024 at De Vere Grand Connaught Rooms in London. Visit www.roboticsandautomationawards.co.uk to learn more about this unmissable industry event – and to book your table!