Current status: Answered by Jim Fairlie on 4 July 2025
To ask the Scottish Government, in light of it adopting a mechanism for the carbon contracts pilot to offer to buy a portion of carbon credits at an agreed price, what other options to support investment were considered; for what reasons they were rejected, and whether it will publish its latest assessment of these reasons.
Scottish Government undertook a robust process to assess a total of 14 different possible blended finance mechanisms for peatland restoration. Officials used Green Book appraisal methods to filter this list and employed a wide range of evidence to select a preferred option.