Greater Manchester Combined Authority and Natural Course have commissioned eftec and partners Environmental Finance and Countryscape to develop the first Natural Capital Investment Plan for the city region. The plan will promote investment and delivery of opportunities that protect and enhance Greater Manchester’s natural capital to support a healthy population and economy.
The team will work alongside stakeholders to identify priority areas and a pipeline of investment opportunities that will enhance the value of natural capital assets with a focus on local and national socio-economic priorities.
Mechanisms for delivery of one or more pilot innovative financial model(s) will be detailed to ensure the achievement of financial and social objectives.
The plan will be delivered in December 2018, with a formal launch event to be held on 30th January 2019.
Click on the link below to download a copy of the project summary:
Vision and Approach
The first stage in the development of the Natural Capital Investment Plan is the production of a vision and approach. Click on the link below for more information:
The next stage is the production of a baseline review which includes an initial review of relevant strategies, frameworks, plans, projects and initiatives that are likely to influence the investment pipeline.
A workshop was held on 1st October which brought together stakeholders to help discuss the elements of the draft plan and factors that will affect its success; develop the business cases for investments in natural capital, identify enabling actions and build capacity. A briefing paper was prepared to inform the workshop which sets out key priorities identified to date and is attached via the link below.
Explore the Greater Manchester Combined Authority Urban Pioneer project here: http://naturegreatermanchester.co.uk/project/urban-pioneer/ and the Natural Course project here http://naturalcourse.co.uk/