British high commission announces financial support for Solshare
British high commission in Dhaka announces to provide £300,000 to Solshare
British High Commissioner in Bangladesh Robert Chatterton Dickson announced financial support to Bangladesh-based Solshare, one of the 15 finalists in the inaugural Earthshot Prize competition on Monday.
He said that the "Foreign Commonwealth and Development Office" would provide £300,000 of financial support to Solshare.
To mark the occasion, he hosted a celebratory event where guests learned more about Solshare's ground-breaking work to repair our planet.
The finalists also received a congratulatory message from HRH Prince William on their fantastic achievement.
The High Commissioner said, "Reaching the final three in the global Earthshot competition is a huge achievement for Solshare. I am delighted that FCDO will now provide £300,000 to a partnership between Shakti Foundation and Solshare, to help scale up their innovative model using rooftop solar home systems for peer-to-peer energy exchange networks, enabling poor households both to generate electricity from a renewable source and gain an income by selling their surplus energy to the national grid."
He also added, "Solshare's innovative work will help Bangladesh move towards carbon neutrality and improve the lives and livelihoods of millions of Bangladeshis."
The Earthshot Prize is the most prestigious global environment prize in history, launched by Prince William and The Royal Foundation and inspired by President John F. Kennedy's "Moonshot".
The Earthshot Prize aims to discover, spotlight and scale up the best solutions to the world's greatest environmental challenges. The Earthshot Prize is centred around five 'Earthshots': Protect and Restore Nature; Clean our Air; Revive our Oceans; Build a Waste-free World, and Fix our Climate.
Solshare was one of three finalists in the "Fix our Climate" Category.
In the upcoming years, the Earthshot Prize will award £1 million each to five winners across each Earthshot category, providing at least 50 solutions to the world's greatest environmental problems by 2030.