The FCO has launched a new programme to promote a move to Low Carbon, High Growth global economy. The fund seeks to achieve 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.

The programme is the result of a merger of the old Climate Change and Energy and Economic Governance programmes. It covers climate security, energy security and economic reform projects.