Current status: Answered by Jim Fairlie on 29 July 2025
To ask the Scottish Government, further to the answer to question S6W-38841 by Jim Fairlie on 3 July 2025, what the items of expenditure are that capital expenditure is expected to cover within the pilot, and what level of capital spending the pilot expenditure of up to £1 million is expected to lever by way of private capital.
Capital expenditure is solely for the purchase of Peatland Carbon Units at a set rate as they mature within each project. However, awardees may sell their units on the open market where they can achieve an improved price.
A key aim of the pilot is to assess whether Carbon Contracts are likely to reduce the cost of restoration work for government by leveraging private capital.
For more information on the pilot see Carbon Contracts Pilot – Application Guidance | NatureScot.