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  • 04:05 24 Nov 2009
  • |    Seoul
  • 13:05 24 Nov 2009

Strategic Programme Fund - low carbon, high growth programme

Board displays 'Shaping the future' while a man and woman talk in the background. © Getty Images

The Foreign and Commonwealth Office's Strategic Program Fund (SPF) seeks to create real, measurable outcomes in support of the FCO's policy goals.

The programme

The Strategic Programme Fund (SPF) was established in 2003 to support the UK Government's international goals, of which one is the promotion of a low carbon, high growth global economy.  The programme supports climate security, energy security and economic reform projects in 22 priority countries through the delivery of the following outcomes:

  1. A visible and accelerated shift in investment initiated in the major economies towards low carbon.
  2. Political conditions created for an equitable post-2012 agreement at the UNFCCC COP in Copenhagen in December 2009 of sufficient ambition to avoid dangerous climate change.
  3. Risks to UK and EU energy security managed through more diverse and reliable external sources of supply and more efficient global consumption.
  4. Increased international commitment to an open, stable and equitable low carbon global economy delivering higher standards of living.

SPF Programmes in Korea

South Korea is a priority country for this low carbon, high growth work.  We use the SPF to work with government, NGO and business partners in Korea to deliver our mutual aim of a high growth, low carbon economic recovery and an ambitious post-2012 agreement through government and business buy-in.

Our specific aims are:

  • A government framework is set in Korea for a visible and accelerated shift in investment towards low carbon.
  • A visible and accelerated shift in Korean business investment towards low carbon.
  • Korea makes an ambitious proposal in Copenhagen in December 2009.

Related documents

The first bidding round of Financial Year 2010 - 2011 is open to the public until 25 September 2009.

The British Embassy Seoul will hold a SPF seminar in July.

Contact: SPF Projects Manager Heewon.kang@fco.gov.uk




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