Deadline 3rd February 2022
The NEIRF is a competitive grants scheme providing grants of between £10,000 and £100,000 to support 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 investment
- produce an investment model that can be scaled up and reproduced
The scheme aims to stimulate private investment and market based mechanisms that improve and safeguard the natural environment by helping projects become investment ready. The intention is to establish a pipeline of projects for the private sector to invest in, and develop new funding models that can be replicated elsewhere.
The fund will help organisations obtain specialist advice, engage investors and build capacity to develop their project to the stage when it is ready to receive and repay investment. Projects need to be replicable and scalable, with key learnings made public to encourage similar approaches to access private sector finance for nature projects in future.