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The eco.business Fund

Department for Environment, Food, and Rural Affairs

The eco.business fund is a public-private partnership investment fund which aims to shift incentives in financial institutions (i.e. Banks) towards investing in nature, by embedding social and environmental risk into investment decisions, catalysing transformational change in the financial sector. The fund will increase lending to businesses which incorporate sustainable practices that contribute to biodiversity conservation, sustainable use of natural resources, climate change mitigation and adaptation to its impact across South America: Ecuador, Costa Rica, Nicaragua, El Salvador, Colombia, Panama, Honduras, Guatemala, Mexico and Peru.

Programme Id GB-GOV-7-ICF-P0003-EcoB
Start date 2015-12-1
Status Implementation
Total budget £32,625,178

Legacy Landscapes Fund

Department for Environment, Food, and Rural Affairs

Legacy Landscapes Fund aims to guarantee long-term conservation funding to protect biodiversity, promote climate resilience, and foster equitable development in some of the world’s most outstanding landscapes. The UK will work together with LLF and its partners to help narrow the biodiversity finance gap and deliver the global 30by30 target on land by sourcing significant and sustained funding for protected areas with high biodiversity and critical ecosystems. LLF are a multi-donor conservation trust fund established in 2020 that deliver long-term support to vital protected areas and their buffer zones in the global south. Their ambition is to fund 30 landscapes by 2030, and they benefit from partnerships with a range of public and private donors and NGOs who provide strategic support and effective, inclusive implementation. Central to LLF's approach is an understanding that long term and predictable funding helps them to deliver better outcomes and builds capacity more effectively. LLF, it's partners and Defra are committed to the equitable delivery of 30by30, and this funding will focus on maximising benefits for Indigenous peoples and local communities and promoting gender equity.

Programme Id GB-GOV-7-30x30LegacyLandscapesFund
Start date 2024-12-10
Status Implementation
Total budget £20,000,000

ORRAA Programme

Department for Environment, Food, and Rural Affairs

The Ocean Risk and Resilience Action Alliance (ORRAA) is a multi-sector alliance that aims to drive investment into coastal natural capital through the development of innovative finance solutions. These products will reduce vulnerability and build resilience in the most exposed and vulnerable coastal regions and communities. The UK has committed £13.9 million into ORRAA, delivered in two phases. A successful Phase 1 in 2021-22 provided £1.9m in grant funding, followed by Phase 2 from 2022-2026 with £12m committed in grant funding. The UK’s investment will address 2 challenges faced by coastal communities and the ocean environment: 1) Tackling the impacts of anthropogenic climate change and biodiversity loss. 2) Overcoming barriers that prevent finance flowing into nature-based solutions. The grant awarded to ORRAA will support their aims to drive at least $500 million of investment into coastal and ocean natural capital, and produce at least 50 new, innovative finance products, by 2030. This would positively impact the resilience of 250 million climate vulnerable people in coastal areas worldwide.

Programme Id GB-GOV-7-BPFORRAA
Start date 2021-9-1
Status Implementation
Total budget £17,461,514

Darwin Initiative

Department for Environment, Food, and Rural Affairs

The Darwin Initiative is the UK’s flagship international challenge fund for biodiversity conversation and poverty reduction, established at the Rio Earth Summit in 1992. The Darwin Initiative is a grant scheme working on projects that aim to slow, halt, or reverse the rates of biodiversity loss and degradation, with associated reductions in multidimensional poverty. To date, the Darwin Initiative has awarded more than £195m to over 1,280 projects in 159 countries to enhance the capability and capacity of national and local stakeholders to deliver biodiversity conservation and multidimensional poverty reduction outcomes in low and middle-income countries. More information at https://www.gov.uk/government/groups/the-darwin-initiative. This page contains information about Rounds 27 onwards. For information about Rounds 1 to 26, please see the Darwin Initiative website -https://www.darwininitiative.org.uk/

Programme Id GB-GOV-7-DarwinInitiative
Start date 2021-4-1
Status Implementation
Total budget £136,487,248.76

Biodiverse Landscapes Fund

Department for Environment, Food, and Rural Affairs

The Biodiverse Landscapes Fund (BLF) supports developing countries to protect and restore nature, tackle climate change and reduce poverty. The programme invests over the long term in some of the world's most ecologically important landscapes, supporting locally-led approaches that benefit both people and environment.  The BLF currently operates in three landscapes: Andes Amazon (spanning Peru and Ecuador), Mesoamerica (spanning Belize, El Salvador, Guatemala and Honduras), and Madagascar. Each landscape contains globally important biodiversity and makes vital contributions to regional and global food, water and weather systems. Learn more about the BLF in Madagascar: https://devtracker.fcdo.gov.uk/programme/GB-GOV-7-ICF-PO0010-MADA/summary

Programme Id GB-GOV-7-BLF
Start date 2021-4-1
Status Implementation
Total budget £128,467,000

OODA GCRF and Newton Consolidation Accounts University of Exeter

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

The GNCAs represent an additional allocation from BEIS designed to reinvest in excellent UKRI Global Challenges Research Fund (GCRF) and Newton Fund programmes and enable them to maximise development impact. This involves instances where funding can be utilized to 9 original grant objectives affected by the ODA review, or opportunities for new follow-on, knowledge exchange or impact activities. In either case, the funding is targeted to support research along the route to achieving economic or social impact in countries on the OECD DAC list.

Programme Id GB-GOV-13-OODA-UKRI-RYHPP58-GX4VQC3-LVGLW5J
Start date 2022-4-1
Status Implementation
Total budget £100,000

OODA GCRF and Newton Consolidation Accounts - Queen Mary University of London

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

The GNCAs represent an additional allocation from BEIS designed to reinvest in excellent UKRI Global Challenges Research Fund (GCRF) and Newton Fund programmes and enable them to maximise development impact. This involves instances where funding can be utilized to 9 original grant objectives affected by the ODA review, or opportunities for new follow-on, knowledge exchange or impact activities. In either case, the funding is targeted to support research along the route to achieving economic or social impact in countries on the OECD DAC list.

Programme Id GB-GOV-13-OODA-UKRI-RYHPP58-GX4VQC3-W7MTWNJ
Start date 2022-4-1
Status Implementation
Total budget £60,000

OODA GCRF and Newton Consolidation Accounts - Cardiff University

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

The GNCAs represent an additional allocation from BEIS designed to reinvest in excellent UKRI Global Challenges Research Fund (GCRF) and Newton Fund programmes and enable them to maximise development impact. This involves instances where funding can be utilized to 9 original grant objectives affected by the ODA review, or opportunities for new follow-on, knowledge exchange or impact activities. In either case, the funding is targeted to support research along the route to achieving economic or social impact in countries on the OECD DAC list.

Programme Id GB-GOV-13-OODA-UKRI-RYHPP58-GX4VQC3-PCHUZZU
Start date 2022-4-1
Status Implementation
Total budget £40,000