Online resources and documentation

View more: Reports and Key Documents 

Finance Gap for UK Nature Report (October 2021)

In 2021, the Green Finance Institute commissioned eftec (the Economics for the Environment Consultancy) to identify the finance gap across the UK to achieve nature-positive outcomes in order to assess the need for private investment. The report identified that a minimum of £44 billion to £97 billion in investment above current public sector commitments is required for the UK to meet nature-related outcomes in the next ten years.

Facilitating Local Natural Capital Investment: Literature Review (February 2021)

The report describes opportunities for private finance to support investment in Scotland's nature and the benefits it provides. The report provides the basis for a pilot project that NatureScot is leading with the Tweed Forum, to find ways for regional partnerships to facilitate investment in natural capital.

Financing UK Nature Recovery (November 2020)

At the Natural Capital Finance & Investment Conference 2020, the Broadway Initiative, Finance Earth and the Green Finance Institute published a 'roadmap' for action on Financing UK Nature Recovery. It describes 2021 as ‘a make-or-break year for nature finance’ and calls on the Government to take decisive action to unlock large-scale private investment in nature recovery across the UK.

Local Government Green Finance Toolkit (May 2020)

To support local authorities, the Association of Directors of Environment, Economy, Planning and Transport (ADEPT) and Amey have published the Green Finance Toolkit. The document identifies opportunities including crowdfunding and other non-traditional sources of finance that offer new ways to involve local people in green projects in their area.

Outline Strategic Case for Blended Finance Facility in the UK (Vivid Economics and Environmental Finance Ltd. Published December 2018)

This report was commissioned by Defra and sets out the rationale for public sector support to enable private investment in the natural environment. It describes six project models with the potential to produce monetisable returns where public intervention could leverage the greatest public benefits over the long term. Additionally, Defra has published an outline business case for a Natural Environment Impact Fund, produced by the same authors.  The report includes an assessment of finance facility options in terms of structure, scale, focus and value for money. The authors identify the potential for an equity fund model which blends grant and equity finance. 

Integrating Natural Capital in Risk Assessments (Natural Capital Finance Alliance and Partners, January 2019)

Outlines a process that enables financial institutions to assess natural capital risks in their portfolio. 

Conservation Investment Blueprints: A Development Guide (Coalition for Private Investment in Conservation & pwc, January 2018)

Contains helpful information for developing investable conservation projects seeking private finance. Begins with a glossary of key terms related to natural capital investment.

Capitalising Conservation: How conservation organisations can engage with investors to mobilise capital (Clarmondial & WWF Landscape Finance Lab, November 2017)

Provides a framework for the identification, structuring and execution of investments in conservation.

Green Finance Task Force Report (Green Finance Task Force, March 2018)

The Task Force was set by HM Government 2017 following a specification in the Clean Growth Strategy. The Task Force report contains recommendations on how Government and the private sector can work together to maximise the UK’s role in mobilising the green finance. The group defined green finance “investment in environmental technology, infrastructure and services”. Much of the document is focused on 'low carbon' business practice and manufactured technology. While the term “natural capital” is used only twice there are a number of specifications that highlight the importance of the 'fabric' of the environment in climate resilience. Flooding is an example (see Theme 10 - Integrate resilience into the green finance agenda).

Natural Capital Investment Plan for Surrey (Surrey Nature Partnership, March 2018)

This plan – the first of its kind to be published by one of England’s Local Nature Partnerships - sets out the broad actions required to achieve and maintain healthy natural assets in Surrey over the next 25 years. It identifies the need for an initial investment of £500,000 per year for 3 years to leverage new funds to create a Natural Capital Investment Fund of at least £20 million by 2023.

Bridging the finance gap How do we increase financing for conservation? (RSPB, March 2018)

This report is based on a partnership between RSPB and Oliver Wyman to explore the prospects for scaling up private investment in conservation-based projects. This included the production of ‘investment pitches’ for four different types of potential conservation projects: investing in arable farmland, investing in large coastal sites, water catchment management, turning biomass from habitat management into energy.

Increasing Investment in Natural Capital (Aldersgate Group, November 2017)

This paper explores the current state of play in the natural capital finance market and ways to increase investment in this crucial area to deliver the UK’s environmental goals and boost economic growth.  The paper forms part of three papers supporting the Aldersgate Group's March 2018 report on 'Increasing Investment in the UK's Green Infrastructure' (covering also low carbon energy generation, energy efficiency, and resource efficiency).

The Economic Case for Investment in Natural Capital in England (eftec, January 2015)

Natural Capital Committee on the economic case for investment to protect and improve natural capital in England. The purpose of this project is to develop the economic evidence for investments to protect and improve1 England’s natural capital in order to sustain (as a minimum) or enhance benefits for society.