The UK's £1.1 billion maritime investment package combines £448 million in government SHORE program funding with £700 million in private commitments, targeting specific decarbonization technologies through 2030. Analysis of previous SHORE allocations shows £240 million distributed across 200+ projects generated 750 jobs and leveraged £110 million in private investment—a 1:2.3 private-to-public funding ratio that indicates strong market confidence in clean maritime technologies.
UK Allocates £1.1 Billion for Maritime Decarbonization Technologies
The UK's £1.1 billion maritime investment package combines £448 million in government SHORE program funding with £700 million in private commitments, targeting specific decarbonization technologies through 2030. Analysis of previous SHORE allocations shows £240 million distributed across 200+ projects generated 750 jobs and leveraged £110 million in private investment—a 1:2.3 private-to-public funding ratio that indicates strong market confidence in clean maritime technologies.