Warwickshire County Council Cabinet has today approved the launch of a new £1 million community fund which will fund local schemes that will have an impact on Carbon emissions and help to address the climate change emergency.
As part of the 2020/21 budget, Council approved the creation of four internal Revenue Investment Funds, with a total allocation of £20m, to provide opportunities to run initiatives to meet objectives of tackling climate change, investing in commercialism, sustaining prevention of demand within communities and investment in place shaping including scoping capital and development opportunities for better value service provision. The indicative allocation of the resources between the funds was then updated by Cabinet in June to reflect the increased need to invest in economic recovery post COVID-19.
The breakdown of these funds is below:
Sustaining Prevention Fund
Climate Change Fund
Place Shaping and Capital Investment Fund.
The new fund – The Climate Change Community Investment Fund – will come from the Climate Change Fund and allow the Council to formally invest in initiatives proposed by community organisations to enhance local climate change agendas.
The core aims of the fund are:
To take action to progress the Council’s objectives on climate change mitigation included in its adopted Council Plan 2025, in response to declaring a climate emergency in July 2019.
To take action to progress the Climate Change priority set out in the Council’s adopted COVID-19 Recovery Plan
To progress the Council’s climate change agenda by enabling and recognising the role of local action through the support of and in partnership with the voluntary and community sector, parish and town councils and climate change organisations to deliver local climate change mitigation projects.
To support local action to deliver climate change mitigation and thereby promote creative funding approaches and embracing social value so that communities can deliver their own solutions.
Any community group or voluntary organisation will be able to apply for money from the scheme for projects that meet the set criteria above. The scheme will run alongside Community and Councillor Grant Schemes and share a similar application process.
More details on the exact application channels and a full list of criteria for applications will be made available as part of the Fund’s promotion over the coming months.
For more information about how Warwickshire County Council is facing the challenges of the climate change emergency, visit: www.Warwickshire.gov.uk/
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