The Carbon Negative Challenge Fund seeks to support the development and delivery of projects that can help York and North Yorkshire become England’s first carbon negative region. The goal is for projects to be innovative in nature; for example, trialling new approaches or technology, serving as a “demonstrator” project that others can replicate, or projects that will enable systems change across the region.
An indicative £10 million funding across 2024 to 2028 approved in principle.
Latest Updates
We will keep you updated with the latest news here as this fund progresses.
Funding
- £10 million from February 25 – October 27
- A combination of revenue and capital funding will be available
- Funding limits for individual projects. Revenue: £20,000 – £250,000. Capital: £150,000 – £1.5 million
- Match funding. For revenue projects, 20% of total project costs must be match funded. For capital projects, 40% of total project costs must be match funded.
Key Outcomes
- Reduction of Greenhouse Gas (GHG) emissions
- Strengthening communities to take climate action
- Improved climate adaptation
- Established pipeline of investable projects
- Proof of Concept and Demonstrator Projects
Next Steps
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Develop and launch prospectus
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Invite applications, appraise and announce revenue projects
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Invite applications, appraise and announce capital projects
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