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Net Zero Fund

Net Zero Fund


Project Development Support

£1m of funding

Supporting the development of net zero projects

From idea to investor-ready

Capital Grants for Project Delivery

£6m of funding

Enabling the delivery of net zero projects that otherwise would not happen

Key Priorities

The Net Zero Fund will contribute to the overall ambition for York and North Yorkshire to be a carbon negative economy; projects must deliver on one or more strategic priorities within York & North Yorkshire’s Routemap to Carbon Negative, across:


Heat & Buildings


Business & Industry

Land Use, Agriculture & Marine


On the 1st August 2022 a Devolution Deal between the government and the local authorities of York and North Yorkshire was announced. This included the proposal to establish a York and North Yorkshire Mayoral Combined Authority.

As a mayoral combined authority, the York and North Yorkshire Combined Authority will be awarded £7 million of funding across 2023/24 and 2024/25 to enable the area to drive green economic growth towards our ambitions to be a carbon negative region.

This includes £1m of revenue funding and £6m of capital funding. The revenue funding will support the development of net zero projects (the Project Development Support strand), and the capital funding will enable the delivery of net zero projects (the Capital Grants for Project Delivery strand).

This prospectus sets out an opportunity to bid for this funding. Initially we are looking for proposals that will help to deliver this initial funding allocation. However we would also like to build up a pipeline of further projects for future years, so we would still like to hear from you about potential future net zero opportunities.

This funding forms part of the York and North Yorkshire devolution deal and is subject to the deal securing necessary approvals. If devolution is agreed, the funds will be administered by a new Mayoral Combined Authority (MCA). 

Read the full prospectus


Applications closed 6th February 2023. For enquiries please contact:

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Net Zero Fund webinar
Net Zero Fund webinar

5 January 2023