Defra unveils £10m fund for nature-based climate solutions
The Government has unveiled a new £10m fund to support nature-based projects that combat the climate crisis, in the same week that Oxford University launched a new venture studio designed to uncover similar solutions.
The fund will support key legislative frameworks, including the 25 Year Environment Plan
Delivered by the Environment Agency on behalf of Defra, the new £10m fund offers grants of up to £100,000 to projects that will create and restore natural habitats while assisting with key government frameworks.
The Natural Environment Investment Readiness Fund is open for applications until 28 March and will support the creation of new coastal wetlands, the restoration of river catchments that reduce flood risk and the creation of new woodlands and peatlands that support carbon sequestration.