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<p>HM Government is investing in nature based solutions more than ever before, from
a range of sources. This includes our £750m Nature for Climate Fund. We are also introducing
three new environmental land management schemes that will invest in a range of nature
based solutions: the Sustainable Farming Incentive (SFI); Local Nature Recovery; and
Landscape Recovery. These schemes will pay for sustainable farming practices, such
as reducing carbon emissions, creating, and preserving habitat, such as hedgerows,
and making landscape-scale environmental changes, all of which are important steps
towards achieving our 25 Year Environment Plan ambitions and our carbon net zero goals. A
Hedgerow Standard has been included within the initial phase of piloting of the SFI
scheme. Capital grants to support the planting and reinstatement of hedgerows are
currently available via the Countryside Stewardship scheme. The SFI will also focus
on grassland management, agro-forestry, cropland management, soil management, and
nutrient management.</p><p>In addition to the public funding, we are enabling a step
change in investment flows from the private sector, and we are developing our environmental
land management schemes for farmers and landowners so that they can crowd in private
investment. HM Government has set a new target to raise at least £500 million in private
finance to support nature's recovery every year by 2027 in England, rising to more
than £1 billion per year by 2030. We are putting in place the conditions for the private
sector to invest in nature-based solutions, including through our Natural Environment
Investment Readiness Fund which is supporting the development of 86 projects across
England, which have the potential to generate revenue from ecosystem services in order
to attract and repay investment. We are also developing a blended finance Big Nature
Impact Fund which will leverage private capital to invest in such projects.</p>
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