Developing a Natural Capital Market Framework

Views are being sought by the Scottish Government on developing a new Natural Capital Market Framework.

Public and private investment is needed to restore and improve our natural capital – which includes our geology, soil, air, water, plants and animals – and the Scottish Government is committed to ensuring that this investment is high integrity and responsible; contributes to a just transition, benefits communities and is environmentally sustainable.

The Natural Capital Market Framework is being developed for publication in 2024, to strengthen the existing Interim Principles for Responsible Investment in Natural Capital and set out the approach to using public spending more effectively to leverage in responsible private capital.

The development team are holding a series of workshops and are currently reaching out to a wide array of stakeholders and representative organisations to secure their input to co-develop the framework.

An engagement paper has been published to support participants during the engagement process and a participant survey is now live for those who are unable to join a workshop to provide us with their views. This engagement paper summarises the key natural capital market framework co -development issues and questions that will be explored. The content will be used to help inform, guide and support all participants during the engagement and co-development process.

The survey closes on the 3 June 2024

Please contact PINC@gov.scot for information on upcoming workshops.