Scotland is facing many challenges on its way to reaching a Net-zero economy and its ambitious targets for natural capital restoration and sustainable management of biodiversity and ecosystems. One of these challenges is finding the resources and more specifically the finance to fund large scale conservation programmes and what is needed to reach these national targets. As it has become apparent that public funding alone will not be enough, the Scottish Conservation Finance Pioneers group was created to develop and establish new and innovative ways for directing investment into conservation projects in Scotland.
Since its establishment in July 2020, the Scottish Conservation Finance Pioneers Group aims at bringing together a wide range of experts, stakeholders and anyone with an interest in conservation finance in Scotland. The group arose from the interaction of various stakeholders around the £1 Billion Challenge Route Map initiated by the Scottish Environment Protection Agency and the Scottish Wildlife Trust.
The group is currently composed of over 170 members exchanging daily on innovative green finance and blended financing solutions. Anyone interested in conservation finance is welcome to join the group through its Basecamp website.
To learn more about The Scottish Conservation Finance Pioneers group and its journey so far you can watch the video that was successfully presented during the 'Finance for Nature in Nature' COP 26 fringe event at Ross Priory.
For more information on the nine 'pillars' presented in Scotland's Routemap to £1 Billion for Nature Conservation and the initiative itself, you can also listen to the SRUC podcast.