Posted April 25, 2024



Funding for Financial Wellbeing Projects Focused on the Transition to Net Zero

Abrdn Financial Fairness Trust makes around 15 to 20 awards each year and intends to award around £3 million annually to organisations undertaking charitable activities in the UK for projects focused on financial wellbeing. This includes voluntary organisations, think tanks, campaigning groups, research bodies and universities.

Funding is intended for strategic work that has the potential to improve financial wellbeing for those on low to middle incomes and on a national scale, including:

  • Policy work.
  • Campaigning.
  • Research.

New for 2024, the Trust has launched a Climate Change and Household Finances in the UK programme. The programme aims to support projects focused on the household finances of people on low-to-middle incomes in the UK during the transition to Net Zero and adjustment to climate change. The Trust’s general funding criteria apply to the programme, and projects must focus on Net Zero and financial wellbeing within one of the main funding programme themes: income, assets and spending.

Eligible projects under the programme may focus on the following areas:

  • Transport.
  • Consumerism.
  • Energy use.
  • Labour market transitions.
  • Other relevant Net Zero and financial wellbeing themes.

Funding is available for UK-wide projects. However, the Trust is keen to support work in Scotland, including UK-wide work with a Scottish element.

There is no minimum or maximum size of grant. Grants typically range between £10,000 and £200,000, with most being between £50,000 and £120,000 in total. The funding may be spread over one, two or three years, and sometimes shorter periods, for example six months.

Project and ongoing costs are eligible for funding, including staff salaries and overheads.

Applicants to the Climate Change and Household Finances in the UK programme must contact Abrdn Financial Fairness Trust before applying.

There are typically two application deadlines per year.

The second deadline for outline applications is 3 June 2024 (13:00).

Further details can be found here: Home | abrdn Financial Fairness Trust

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