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Unlocking nature private investment

Fund Name

Unlocking nature positive private investment

Project Length

Up to 9 months

Project Value

£250k - £500k

Deadline

10.04.2024

Innovate UK, part of UK Research and Innovation (UKRI), will invest up to £2 million in supporting innovation projects. These innovation projects will develop solutions that enable private investors to invest in nature-positive projects.

This funding is from Innovate UK and is part of a £7 million Integrating Finance and Biodiversity for a Nature Positive Future (IFB) programme led by the Natural Environment Research Council (NERC), to understand the complex links between biodiversity, finance and society.

Check Your Eligibility

Fund details

This competition aims to mobilise significant private investment to scale nature-positive solutions. The competition will enable the development, acceleration and commercialisation of innovative solutions. These solutions must enable private investors to confidently invest in nature-positive projects.

Your project must address and overcome previously identified barriers to private investment in nature, including but not limited to:

  • limited sources of revenue from nature to fund investment
  • high-transaction costs and significant disincentives for investment in nature-based projects
  • insufficient certainty to price long-term risk, due to a lack of standards and accreditation
  • limited project pipeline and scale and an under-developed supply chain

Your project must consider factors that are important in the context of nature and biodiversity, including but not limited to:

  • wider impacts including climate adaptation and resilience
  • impact on people including indigenous communities
  • removing barriers to the adoption of solutions including, for example, trust, authenticity and traceability of the data, and lack of data expertise

Your project must:

  • provide a strong case for why your proposed solution will be in demand from end users
  • demonstrate how the proposed solution would enable end users to invest in nature-positive solutions
  • provide a plan for how to engage end users, for example, financial institutions and investors in its development

Your project can involve at least one end user, for example, a financial institution. They are not required to be a grant-claiming participant.

Specific themes

Your project must focus on one or more of the following themes:

  • data, tools, models and metrics, including decision-making tools
  • environmental monitoring and verification of investments, over time, cost effectively
  • insurance or insurability of projects
  • solutions that help aggregate projects to attract finance

Eligibility

To lead a project or work alone in your organisation:

  • must be a UK-registered business of any size
  • be or involve at least one grant claiming micro, small or medium-sized enterprise (SME)
  • can collaborate with other UK-registered organisations
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