Transforming Inclusive Energy Markets (TIME) via Shell Foundation (360G-cabinetoffice-G2-GA-202112637878-21-22)

TEA is the flagship FCDO research and innovation programme supporting early-stage testing and scale-up of innovative technologies and business models that accelerate access to affordable, clean, and modern energy in developing countries, particularly in Sub-Sharan Africa, South Asia, and ASEAN region, enabling sustainable and inclusive growth. TEA has a budget of £225 million and seeks to improve clean energy access for 25 million people, create 170,000 long-term jobs in the clean energy market, and leverage £1.3 billion from private and public sources for clean energy technology research, innovation and scale-up. It contributes to International Climate Finance (ICF) objectives and is the main FCDO platform for the £1bn UK Ayrton Fund commitment for clean energy innovation between 2021 and 2026. TEA is being delivered by five lead FCDO partners - Carbon Trust, Innovate UK, Shell Foundation, and ESMAP and hundreds of downstream partners operating in the clean energy space.