REEEP receives funding commitment from the Government of the United Kingdom for 3 years.
Energy Minister, Malcom Wicks, at the Department for Business, Enterprise & Regulatory Reform (BERR) made an announcement at the first session of the 4th Ministerial Meeting of the Gleneagles Dialogue, that the Government of the United Kingdom through the Department of Environment, Food abd Rural Affairs (DEFRA) will make a three-year commitment to REEEP (Renewable Energy and Energy Efficiency Partnership), which for the period 2008/09 will total ₤2.5 million (GBP).
He explained that the United Kingdom felt that a lack of policy and financing frameworks is a major problem to the implementation of low-carbon technologies. It is REEEP’s aim to reduce and remove these barriers, and encourage positive policies and financial frameworks that encourage the deployment of renewable and energy efficiency technologies.