Agri E Fund: helping farmers create a greener future

What is the Agri E Fund?

The fund provides lending to support farmers adapting to environmental changes and is specifically designed for UK farmers.

We’re offering 0% arrangement fees when a farmer completes a carbon audit and is borrowing over £50k to invest in emission reducing initiatives, like renewable energy, energy efficiency initiatives or activities that reduce greenhouse gases.

Alongside the Agri E Fund, we’ve partnered with Carbon Metrics, a consultancy who aim to help rural businesses understand emissions management, to produce a net zero report. The report is designed to help farmers understand the background to climate change, what it means for the industry and how they can start to adapt their businesses to meet the challenge.

Brian Richardson, head of agriculture at Virgin Money, said: “Farming generates approximately 11% of the UK’s greenhouse gas emissions¹, but we cannot go without the service it provides. Part of the UK’s balanced pathway to net zero requires things like the adoption of low carbon farming practices, changes in buying behaviours and re-use of land.

Virgin Money’s Agri E Fund recognises this and will help farmers invest to reduce their emissions, becoming more efficient and ready to meet the requirements of subsidy schemes and supply chains and helps equip the farm to be ready for the next generation.”