Greater Manchester Environment Fund (GMEF)
GMCA, Manchester
Our Story
Greater Manchester (GM) faces major environmental challenges that threaten the future health and prosperity of the city-region, with dangerous levels of air pollution, degradation of priority habitats and increasing risks from climate change.
In response, GM launched a 5-Year Environment Plan with an ambitious vision for a clean, carbon-neutral, climate resilient city region with a thriving natural environment and demanded urgent action to achieve this.
Recognising traditional grant and public funding alone will be insufficient to deliver the Mayor’s ambitions, Greater Manchester Combined Authority (GMCA) is pioneering a new approach to these challenges and safeguarding GM’s natural environment.
A partnership between GMCA, Lancashire Wildlife Trust and Finance Earth has developed the Greater Manchester Environment Fund as an independent vehicle to support GM’s ambitions for the restoration and improvement of its natural environment.
Our Solution
The GMEF operates solely as an independent charitable vehicle to help deliver a number of key projects and policies. One of which is to align existing restricted and unrestricted public funding streams for strategic use to benefit the environment as well as mobilise public, private, and philanthropic capital to catalyse further investment into the environment. It also delivers rant funding, capacity building, seed funding and repayable investment for strategic environmental projects and funds.
Building self-sustaining, local environmental-impact investment that’s recognised as best practice is another key pillar for the GMEF as well as delivering consistent and transparent governance framework for funders and delivery bodies to set local priorities, access funds and deliver accountable results.
Our oganisation is managed by an independent charitable body, hosted by Lancashire Wildlife Trust, with representation from public, private and philanthropic sectors.
So far, we’ve secured a number of key funding sources worth a combined £2.1 million. This includes from Defra’s Green Recovery Challenge fund aim to boost environmental recovery, SUEZ community fund, and from Natural Environment Investment Readiness.