Natural Environment Investment Readiness Fund
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.
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