Launched in June 2015, the project - named for the Apollo Program, which brought together thousands of scientists and engineers to put mankind on the moon - calls for developed nations to commit to spending 0.02% of their GDP, for 10 years, to fund co-ordinated research to solve the challenge. This equates to $150 billion over a decade, roughly the same cost committed to the Apollo Program in 2015 money.[2][3] Some developed nations, including the UK, already meet the GDP percentage target spend, but many do not and there is little international coordination to maximise the results.[1]
It has been modelled on the more recent International Technology Roadmap for Semiconductors, an international research collaborative that is credited with greatly and swiftly improving the quality and economics of semiconductor manufacture.[4]
At last - an authoritative, practical and comprehensible plan that could avert the catastrophe that is threatening our planet. — Sir David Attenborough, official launch at the Royal Society on 2 June 2015[11][12]
[Research and development in renewables] should be like the Manhattan Project and the Apollo Project in the sense that the government should put in a serious amount of R&D. — Bill Gates, spearhead of Mission Innovation, 25 June 2015[13]
We will work together and with other interested countries to raise the overall coordination and transparency of clean energy research, development and demonstration... We ask our Energy Ministers to take forward these initiatives... — Leaders of the G7, 41st G7 summit, Schloss Elmau, June 2015[14]
Foremost, governments need to fund research and development for low-carbon energy technologies at Apollo-program levels of commitment... The required funding of this ultimate public good is too great a risk with too little a reward for private companies. But it is easily fundable by governments. — Professor Steven Pinker, Harvard University[15]
Key dates
The programme was discussed at the Energy Ministers run-up meeting to the 41st G7 summit.[1]
It featured in the Leader's Declaration of the 41st G7 summit itself.[14]