Innovate UK–Sustainable Innovation Fund

SDG(s)

Sustainable Development Goal(s)

9Industry, innovation and infrastructure

12Responsible consumption and production

13Climate action

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Type of the Solution

Finance

Affected Sector

Multiple sectors including manufacturing, energy, transportation, and construction: cleaner production processes, renewable energy technologies, sustainable urban mobility solutions, and energy-efficient building practices

Description of the solution

The Sustainable Innovation Fund by Innovate UK provides financial support to businesses across various sectors to develop innovative solutions that drive economic growth while reducing environmental impact. It aims to help companies adapt to the challenges posed by climate change, focusing on projects that promote sustainability, resource efficiency, and low-carbon technologies.

Socio-economic effects

Promotes sustainable economic growth, supports business innovation, reduces environmental impact, and creates green jobs.

Type of Measure

3. mitigation measures

Type of sub-measure

5. (none)

Who led the solution

Other public institution

Timescale of implementation

Long-term (5 and above)

Other Notes

Led by: Innovate UK is a public institution that operates as part of UK Research and Innovation (UKRI). It is a non-departmental public body funded by the UK. Time Scale of Implementation: Ongoing, with funding rounds and project timelines varying based on individual initiatives.

Links to the solution

Consent to share form or official link.

SDG(s)

Sustainable Development Goal(s)

9Industry, innovation and infrastructure

12Responsible consumption and production

13Climate action

Comments

Solution note