Private and public sector Investments for Nature Restoration
Recently Natural England colleagues held a workshop looking at the importance of collaboration from private and public sector investments to safeguard sustainable nature recovery networks. This highlights the needs to work closely with the private sector to understand how we can make nature restoration investible.
“The 2021 report by the environment economics consultancy, Eftec, estimated a finance gap of between £21-53bn over the next 10 years to meet the ambitions of the 25 Year Environment Plan. Government has set itself an ambitious target of leveraging private finance into nature of £500m per year by 2027 and over £1bn per year by 2030. To unlock the finance needed, we need to work closely with the private sector to understand how we can make nature restoration investible.”
All can agree that private sector investment is going to be critical to deliver nature-based solutions. The research at project RaNTrans is focusing on culture of native oysters, seaweed, and marine worms to restore coastal water quality. This is a true model of using nature-based approaches to restore nature for people and wildlife.