Development of Natural Capital Trust Concept in West of England
Awarded 10 Nov 2016
About
Defra Network eTendering Portal awarded a contract to West of England Nature Partnership for the in-depth development and testing of the concept of a Natural Capital Trust in an operational setting, as proposed in draft versions of the 25 Year Environment Plan.
Building on previous Defra-funded piloting work to develop a payments for ecosystem services scheme in the west of England, the project explored the potential for not-for-profit Natural Capital Trusts to pool resources from across an area and a range of funding sources, enabling integrated and strategic natural capital investment decisions within landscapes and catchments, and assessed the potential fit with the 14 area plans for England.
The contract value was AUD 40,000.
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