Virgin Money Launches £200m Agri E Fund to Help Farmers Achieve Net Zero
Loans are available to farmers across the UK, supporting the industry’s need to adapt in order to reduce carbon emissions.
The Agri E Fund is a new scheme launched by Virgin Money, supporting farmers in the UK to reduce their on-farm emissions and transition to net zero.
The fund will provide low cost loans for farmers to invest in suitable adaptations to their businesses.
A total of £200 million is available. 0% arrangement fees can be provided when farmers complete a carbon audit and are looking to borrow over £50,000.
Loans are for emission reducing initiatives, such as renewable energy, energy efficiency initiatives or activities that reduce greenhouse gases.
Applications are now invited. No deadline has been set.
(This report was the subject of a GRANTfinder Newsflash.)