Measuring the level of Private Investment in Nature Recovery
JNCC SUPPORT CO · East of England
Key facts
- Estimated value
- £150,000
- Closing date
- 07 Feb 2022
- Contract starts
- 11 Feb 2022
- Contract ends
- 31 Mar 2022
- Procedure
- Call-off from a framework agreement (framework)
- Buyer type
- Central government
Description
The aim of the research is to produce a credible methodology for tracking private finance into nature recovery and identify the best data sources to do so including identifying ways to fill any gaps to improve the future methodology.
The UK Government recently committed to a target of private finance into nature recovery for England of £500 million per annum in 2027, rising to £1 billion annually by 2030. No existing measures exist to adequately capture private investment in nature within England or the UK. One recent estimate for biodiversity spend in England was by GFI/EFTEC of £80 million per annum.[1] [1] Microsoft Word - GFI Finance Gap_Appendix 2_Biodiversity spending_final_011021.docx (greenfinanceinstitute.co.uk). Authors acknowledged this was an imprecise estimate. 4. Project Objectives 4. Project Objectives To meet the overall aims of this project (Section 2), the objective is: ⢠to produce a credible methodology for tracking private finance into nature recovery and identify the best data sources to do so including identifying ways to fill any gaps to improve the future methodology. The methodology needs to provide reliable and robust evidence which can be easily replicated and refined in future to enable the consistent tracking of investment flows over time.
Contract will be let under CCS Framework RM6187 Lot 2
Categories (CPV)
- 66171000 Financial consultancy services
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