The Government has launched the Natural Environment Investment Readiness Fund.
The recently published Dasgupta Review set out the need for a step change if we are to secure our natural assets and halt biodiversity loss. The Government’s 25 Year Environment Plan made clear that, while the public sector will continue to be a key source of funding, we must increase private sector investment to protect and enhance our natural environment.
The Fund will provide up to £10 million in grants to develop nature projects that can attract private sector investment, aimed at environmental groups, local authorities, businesses and other organisations.
The Fund will support the development of new funding models for nature projects that can be scaled and replicated elsewhere, demonstrating UK leadership on green finance in the run-up to COP26 in November.
Commenting, St Austell and Newquay’s Member of Parliament Steve Double said:
“This is another innovative way from the Government to promote the development of nature projects while attracting private investment and one that I am pleased to support.”
“This goes with along with the Government’s 25 Year Environment Plan, which will have a transformative impact on our green agenda, increasing sustainable projects across the country and ensuring the UK remains a world leader in this area.”
“I encourage anyone who is interested from Mid-Cornwall to have a look at the guidance and consider applying. Please get in touch with me at office@stevedouble.org.uk if you would like me to support your application.”
To find out more about the fund and how to apply follow the link below:
