Green Finance Boost for Nature in UK – GOV.UK

We use some essential cookies to make this website work.
We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services.
We also use cookies set by other sites to help us deliver content from their services.
You can change your cookie settings at any time.
Departments, agencies and public bodies
News stories, speeches, letters and notices
Detailed guidance, regulations and rules
Reports, analysis and official statistics
Consultations and strategy
Data, Freedom of Information releases and corporate reports
New Green Finance Strategy and Nature Markets Framework to develop growth of green finance.
Government will encourage green finance for nature-based solutions.
Plans to accelerate investment in nature have been set out by the Government today (Thursday 30 March) as part of its drive to net zero by 2050.
The Green Finance Strategy published today will set out how the government will encourage green finance for nature-based solutions such as tree planting and peatland restoration and support farmers to access new private sector revenue streams whilst protecting our natural environment.
The government has set a target to raise at least £500 million in private finance to support nature’s recovery every year by 2027 in England, rising to more than £1 billion per year by 2030.  This will support greater biodiversity and contribute to achieving our Environment Targets.
Environment Secretary, Thérèse Coffey MP said:
We need a healthy and thriving natural environment to meet our Net Zero goals and build our resilience to climate change.
Our announcement today sends a signal that the opportunities from investing in our farmland, forestry, peatlands and marine areas are great and offer long term rewards for people and nature.
Alan Lovell, Chair of the Environment Agency, said:
The appetite to invest in nature exists, and the Green Finance Strategy and the Nature Markets Framework will help unlock that potential and develop markets for a greener UK.
The Environment Agency is working with government to support private sector investment in climate adaptation and nature recovery, including through the Natural Environment Investment Readiness Fund. Financing work like nature-based flood alleviation schemes will help us reduce the economic costs of climate impacts in the coming decades.
Tony Juniper, Chair of Natural England:
A healthy environment and a vibrant economy go hand in hand. Green finance can unlock Nature’s solutions and help us meet a wide range of goals, from restoring clean water to promoting long term food security, and from resilience to climate change impacts to helping sustain public health. By going high Nature we can also help to go low carbon. Through setting standards and creating a clearer pathways for investment, we can achieve economic goals at the same time as environmental ones.
Measures set out to support green growth today include:
Government has also set out today how it will support climate and nature action across the world with the publication of its 2030 Strategic Framework for international climate and nature action and International Climate Finance Strategy.
The 2030 Strategic Framework sets an ambitious vision for global climate and nature action up until 2030 to keep 1.5oC alive, build resilience to current and future climate impacts, and halt and reverse biodiversity loss. It will be supported by the new International Climate Finance (ICF) strategy that outlines our commitment to spend £11.6 billion of International Climate Finance between 2021/22 and 2025/26 to help developing countries mitigate, respond and adapt to the challenges of climate change, and has been at the forefront of tackling the twin challenges of nature loss and climate change globally.
During the UK’s presidency of COP26, more than 140 countries which are home to over 90 per cent of the world’s forests made a historic promise to halt and reverse forest loss and land degradation by the end of this decade. More recently, the UK played a leading role in helping to secure agreement to the ground-breaking COP15 Kunming-Montreal Global Biodiversity Framework to halt and reverse the destruction of nature.
Sharing will open the page in a new tab
Don’t include personal or financial information like your National Insurance number or credit card details.
To help us improve GOV.UK, we’d like to know more about your visit today. We’ll send you a link to a feedback form. It will take only 2 minutes to fill in. Don’t worry we won’t send you spam or share your email address with anyone.


Leave a Comment

Your email address will not be published. Required fields are marked *