Create a new £640 million Nature for Climate fund
Last updated 4 months ago
Conservative Party Manifesto 2019, p.43
We will invest in nature, helping us to reach our Net Zero target with a £640 million new Nature for Climate fund.
- This policy is a pledge to establish a Nature for Climate fund to support natural habitats like woodland and peatland.
- In the March 2020 Budget, the Chancellor announced “£640 million for a new Nature for Climate Fund”. Some funding was disbursed in June 2020, and the November 2020 Spending Review announced a further £90 million for the fund. The fund is used to invest in schemes across the country on an ongoing basis.
- This is a promise to simply “create” the fund, not to allocate the entire £640 million, so this policy is ’done’.
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