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Unlocking Nature Positive Private Investment

General & Misc
Project Size:
£2 million

Key Details:

· Competition Opens: Monday, 12 February 2024

· Competition Closes: Wednesday, 10 April 2024, 11:00 AM

Overview: Innovate UK, in collaboration with the Natural Environment Research Council (NERC), offers up to £2 million in grants through the Integrating Finance and Biodiversity for a Nature Positive Future (IFB) programme. This initiative aims to stimulate private investment in nature-positive projects by addressing current financial and systematic barriers.

Funding Objective:

· To mobilise significant private investments for scaling nature positive solutions.

· To develop, accelerate, and commercialise innovative solutions aiding private investment in nature positive projects.

Project Focus Areas:

· Data, tools, models, and metrics, including decision-making tools.

· Environmental monitoring and verification of investments.

· Insurance or insurability of nature-based projects.

· Solutions that aggregate projects to attract finance.

Project Requirements:

· Address barriers to private investment in nature, like limited revenue sources, high transaction costs, uncertain long-term risks, and underdeveloped supply chains.

· Consider wider impacts on climate adaptation, resilience, and indigenous communities.

· Address trust, authenticity, and traceability issues in data and lack of expertise.

· Include engagement plans for end-users such as financial institutions and investors.

· Optional involvement of at least one financial institution as an end user.

Funding Type and Size:

· Grant funding.

· Project grant request: Between £250,000 and £500,000.

Accessibility and Inclusion:

· Innovate UK encourages applications from diverse backgrounds and is committed to accessible processes.

Project Categories:

· Funding for feasibility, industrial research, and experimental development projects.


· Projects that directly deliver nature positive solutions are not funded.

· Projects dependent on export performance or domestic inputs usage.

Additional Information:

· Projects are encouraged to engage with related initiatives and partners.

· Building upon outcomes from NERC-funded IFB phase 1 activity is optional but not compulsory.

Businesses and innovators with solutions that can bridge the gap between private investment and nature-positive projects should seize this funding opportunity. Prepare to submit compelling proposals that demonstrate demand, feasibility, and potential impact. Engage with end-users and consider broader environmental and social impacts. Ensure applications are submitted before the closing date for a chance to contribute significantly to nature positive solutions and sustainable investment. Get in touch with Inventya for grant writing support, our experts can help maximise your application chances.

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