"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
A customized collection of grant news from foundations and the federal government from around the Web.
The United Nations Intergovernmental Panel on Climate Change (IPCC) published the first of three volumes of its fifth Assessment Report (AR5). The findings of the report show that mainstream businesses have become greener, with an emphasis on reducing carbon emissions which are the key sectors for impact investment.