Interest Leads to Grants Re-Peat - Natural Resources Wales
As discussions around global decarbonisation ambitions move to the top the agenda at COP27 in Egypt today (11 November), Natural Resources Wales has announced that a new window for applications for Peatland Development Grants has opened offering between £10,000 and £30,000 to prepare ground across Wales for peatland restoration.
The first round of Development Grants, launched in April 2022, proved so popular that the original fund of £100,000 was extended to £112,366 to cover the high calibre of applications.
The Development Grants were introduced in response to stakeholder requests for funding support with pre-restoration evidence, such as initial surveys and assessments, to help speed up peatland restoration action.
In this second round of competitive grants, awarded through the National Peatland Action Programme (NPAP), the total pot remains at £100,000 with the deadline for applications on 8/2/2023.
Peatland is the most valuable land resource in Wales for carbon capture, given its potential to store 30% of soil-based carbon. Yet, as the estimated 90% of Welsh peatlands in a damaged condition emit greenhouse gases, restoration is vital to address both the nature and climate emergencies.
Clare Pillman, Chief Executive of Natural Resources Wales explained: “The success of the Development Grant offer shows the ongoing ambition of our partners to improve and evolve the growing peatland restoration activity in Wales. At the COP27 climate conference in Egypt today, world leaders will discuss the policies and actions needed to reduce global carbon footprints as we move towards decarbonisation. Given peatland restoration’s relatively fast and cost-effective contribution to addressing aspects of the nature and climate emergencies, Wales’s landscapes can play a key part in this ambition.”
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Posted On: 11/11/2022