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UK launches $293M low carbon fuels fund

June 17, 2026 |

In the UK, UK homegrown sustainable aviation fuel production given a boost thanks to a new £219 million low carbon fuels fund (LCFF) which will launch later this summer, powering up economic growth and supporting thousands of jobs across the country.

Innovative companies from across the UK are invited to bid for a share of £93 million over the next two years to develop low carbon fuel, with applications opening in mid-July. The fund will focus support on the most promising projects meaning those closest to the actual production stage.

The announcement builds on £198 million already invested through the advanced fuels fund (AFF) since 2022 to scale up cleaner aviation technologies. Low carbon fuel production could add up to £5 billion to the economy by 2050 and position the UK as a global hub for sustainable aviation fuel (SAF) production.

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Category: Policy

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