Overview
We have developed a nature finance strategy which outlines a framework for natural capital investment in Oxfordshire to fund nature's recovery.
The problem
The UK is one of the most nature-depleted countries in the world, and the worst in the G7. Nationally, the government set targets that 30% of England will be managed for nature by 2030, and that tree cover will be increased by 1 million hectares by 2050. However, there exists a £6bn per annum gap in funding to achieve these targets nationally.
What we're doing
We need a transparent and high integrity market that leverages public, private, third-sector and philanthropic investment to fund delivery of environmental enhancement projects to radically enhance nature. Our evolving nature finance strategy describes how this market would be developed and how it would function.
Related publications
Oxfordshire Biodiversity Net Gain (BNG) guiding principles
The Oxfordshire Local Nature Partnership proposes that Oxfordshire's Local Planning Authorities (LPAs) adopt the principles the working group, which includes representatives from local authority planning departments, have developed for Biodiversity Net Gain implementation.
The intent of these principles is to ensure that Biodiversity Net Gain is implemented in a way that supports the spirit of the Environment Act 2021 and maximises Biodiversity Net Gain’s potential impact on nature recovery in Oxfordshire. They are designed to facilitate a harmonised approach across all local authority areas, recognising that some local variations may be inevitable and indeed beneficial. Our aspiration is that they will provide a common framework within which local authorities, developers, conservation bodies, farmers and landowners work together to protect and restore our county’s nature.
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