The Environment Agency has launched the Natural Environment Investment Readiness Fund (NEIRF) to support market-based mechanisms that improve and safeguard the natural environment.

The NEIRF is a competitive grants scheme focusing on the development of environmental projects in England that:

  • help achieve one or more natural environmental outcomes from the 25-year environment plan
  • have the ability to produce revenue from ecosystem services to attract and repay the investment
  • produce an investment model that can be scaled up and reproduced

The grants are to help organisations:

  • get support from professional advisors to develop your project, address barriers to investment and present an attractive case for potential investors
  • build capability to attract financial investment into natural environment projects
  • develop a market for ecosystem services (such as investment or trading platforms, codes for verifying benefits, aggregator vehicles)

Funding rate:

Grant funding between £10,000 and £100,000

Deadline:

The closing date for applications is 26 March 2021.

Find out more.

 

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