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European commitments to clean energy programmes
The United Kingdom, the Netherlands and France have committed funds for Climate Investment Funds (CIF) programmes, the World Bank Group (WBG) announced on 23 September. The UK committed £200m ($249m) to the CIF’s Global Energy Storage Programme (GESP). The investment is the largest so far in the newly established initiative, which aims to triple energy storage capacity in developing countries by adding 17.5GWh by 2025.
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