UKRO has informed us that UK organisations that bid directly to the European Commission for LIFE projects will have the payment of their awards underwritten by the Treasury, even when the project continues after the UK leaves the EU. This is reassurance that UK organisations can continue to bids to this programme up to the Brexit date with a funding guarantee for successful projects. LIFE is the EU’s funding programme for climate action, nature conservation and the environment.
This news follows the August statement from the Chancellor of the Exchequer and the Treasury confirming that EU funding will be guaranteed beyond the date the UK leaves the EU. The statement provides assurance that “where UK organisations bid directly to the European Commission on a competitive basis for EU funding projects while we are still a member of the EU, for example universities participating in Horizon 2020, the Treasury will underwrite the payments of such awards, even when specific projects continue beyond the UK’s departure from the EU”. It was also reiterated that British universities and research organisations should therefore continue to apply for EU funding through mechanisms such as Horizon 2020 while the UK remains a member of the EU.