Facilitating Local Natural Capital Investment
This pilot aims to demonstrate practical ways in which private finance and investment, combined with public funding where appropriate, can support nature-based outcomes. As a first step, the project has published a Literature Review to provide a detailed understanding of natural capital investment initiatives in the UK and overseas and identify key learnings for the application of similar approaches in a Scottish context. It aims to build awareness and capacity amongst regional and local partnerships for how they can facilitate private investment at a local level in nature-based solutions. It focusses on developing the business cases, structures, mechanisms, and supporting tools required to deliver significant investments in natural assets that have the potential to be scaled up and replicated across Scotland. The project responds to the challenge to secure more varied and sustained investment in nature, and find innovative approaches. It is delivered in partnership with Scottish Government, Scottish Forestry, and the Scottish Land Commission and is taking place in the Tweed Forum area.
- News release (7 October 2020) - Investing in the future of nature – unique business project
- NatureScot Research Report 1260 - Facilitating Local Natural Capital Investment - Literature Review
- NatureScot Research Report 1272 - Facilitating Local Natural Capital Investment - project report
- NatureScot Research Report 1284 - Facilitating Local Natural Capital Investment - Scottish Borders Area Characterisation
Testing a Natural Capital Approach at a Landscape Scale
This project is developing a new and innovative landscape scale natural capital assessment tool that will support integrated and collaborative approaches to land management, by identifying priorities with multiple benefits for people and nature. The tool will help land managers target areas in the most need of intervention to ensure that benefits are being provided to the communities, habitats and wildlife that need it the most. The tool will be the first of its kind in Scotland and over the next two years, it will be co-designed and piloted with a wide-ranging group of land managers and partners from across Scotland.