Phase II of the Programme

Phase II funding for the Integrating Finance and Biodiversity Programme was announced in March 2024, and will extend to December 2026.

The original programme was launched in April 2023 with twelve pilot projects. They explored the gaps between the financial system and biodiversity, and have engaged with over 250 organisations. The emerging outcomes of Phase I prompted NERC to provide further support until April 2026 to shift from a project portfolio to an integrated Programme.

The vision is to build national capability bridging scientific, finance, policy and third sector communities, harnessing and catalysing world-leading science to enable the greening of finance for nature, and mobilisation of capital for nature recovery. This aligns with the goals of the 2023 UK Green Finance Strategy and Environmental Improvement Plan and helps set the global agenda.

Work is organised within three Flagship initiatives

Supported by three Themes and the Hub

The Flagships are underpinned and supported by three Themes that are overseen by a Strategic Coordination and Integration Hub.

The Programme as a whole will create an active and ongoing network of researchers and finance practitioners across the public, private, and third sectors.

Independent advisory group

The UK Financial Institutions for Nature Group, established by the Green Finance Institute, will act as the Programme’s independent advisory group. This group of 20 financial organisations will provide guidance on emerging research challenges, feedback on outputs and dissemination, and Programme delivery.