New fund will provide grants of up to £100,000 to environmental groups, local authorities, businesses & other organisations
Nature projects which tackle climate change, create and restore habitats, or improve water quality could soon benefit from a new £10 million fund to help them both benefit the environment and attract private sector investment, the Government has announced today (10 February).
The Natural Environment Investment Readiness Fund will provide grants of up to £100,000 to environmental groups, local authorities, businesses and other organisations to help them develop nature projects in England to a point where they can attract private investment.
This will create a pipeline of projects for the private sector to invest in, and develop new funding models that can be replicated elsewhere, demonstrating the UK’s leadership in nature finance in the run-up to COP26 in November.
Examples of projects that could be eligible for the fund:
Posted on: 10 February 2021