NatureBid is an environmental matchmaking platform. It brings together those who want to fund environmental restoration and enhancement with those who can deliver it on the ground. A core offering of NatureBid are reverse auctions which ensure value for money in delivery of environmental outcomes, but the platform can also support alternative approaches, such as a prize fund, or simply using NatureBid as an engagement tool.
NatureBid is flexible to the environmental, social and economic context in which you wish to work.
The Environment Agency designed and developed NatureBid, with partner Sylva Foundation, with the broad goal of increasing climate resilience and nature recovery through an innovative form of engagement.
NatureBid has been used in a number of locations and by a number of partners across the UK for a variety environmental outcomes. Partners included Forestry Commission, FWAG SW, West Country Rivers Trust, Dartmoor National Park and Tweed Forum. You may wish to read about a recent success on the Westcountry Rivers Trust website.
FWAG SouthWest, Somerset Rivers Authority and Bristol Water are pleased to announce the fourth auction for Somerset farmers to bid for money to carry out work on their land to reduce flood risk and pollution.
The auction will be live from 1st - 15th March 2021.somerset.naturebid.org.uk