We were one of 27 organisations in England to secure funding from Defra’s Natural Environment Investment Readiness (NEIR) Fund to explore how private investment could be used to drive nature recovery in the Esk Valley. This is important, as attracting private investment into environmental projects is seen as essential if the UK is to reach its nature recovery ambitions - public finance alone will not be enough.
The idea is that private investment is achieved through the sale of carbon and biodiversity credits, giving companies the opportunity to compensate for their activities through habitat improvements that boost natural capital. This in turn would increase ecosystem services and the subsequent benefits to society.
The NEIR Fund is designed to support these projects until the point they become financially sustainable.
We ran this in collaboration with Palladium through the Revere initiative, alongside members of the Esk Valley Farmers Group, Natural Capital Research Ltd and the Environment Agency.
Learn more by exploring the links on this page.