About the fund
The Climate Emergency Fund (CEF) was established in the
Government Plan 2020-2023. It provides an initial route of income and source of expenditure for projects tackling the climate emergency. .
It was established with £5 million. It can receive any further income from charges agreed upon in the Government Plan. Currently, it is receiving income from an above RPI increase in fuel duty.
The original amount is not enough to fund a journey to carbon neutrality. It will need to be supplemented by further income from other environmental taxes. These will be decided once ambition and timescale for carbon neutrality is defined. More information will become available once the citizens' assembly is complete.
Expenditure from the Climate Emergency Fund is agreed in the Government Plan and is split into four themes.
|2020 original allocation||£500,000||£1,550,000||£395,000||£0|
|2020 rollover into 2021||£200,000||£1,550,000||£300,000||£0|
Disruption due to COVID-19 caused delays to some CEF funded projects in 2020. This led to some CEF funding being rolled over into 2021. Total funding available within 2021 can be calculated by combining the 2020 rollover and the 2021 original allocation.