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From the outset please be advised that in 2021/22 no additional funding was required by NatureScot from the Scottish Government in order to translocate Beavers as all funding requirements were completed through NatureScot’s allocated funding.
The importance of the Scottish National Investment Bank (SNIB) and the growing need for direct public funding and investment in green and equitable solutions if Scotland is to achieve outcomes at the pace required was also highlighted.
According to the draft Climate Change Plan, in this period Scotland’s emissions will need to be around 57% lower than 1990 levels on average, compared with the current reduction of around 51% compared to 1990.
The Cabinet Secretary undertook to write to the Committee with more detail on this issue.ivNet Zero, Energy and Transport Committee, Official Report, 17 September 2024, Col 41 A letter on the development of the climate change plan was received on 26 September.xiiLetter from the Acting Cabinet Secretary for Net Zero and Energy to the Committee on development of the climate change plan - 26 September 2024
In its conclusions the FPA Committee said:
"...the costs of adapting to a changing environment and taking action to meet Scotland’s statutory emissions targets to reach net-zero by 2045 will be significant.
Should the Scottish Cluster not proceed, what are the implications for Scotland’s ability to achieve a just transition, especially in the north-east Scotland?
In the light of that, will the cabinet secretary join me in welcoming the £5 million investment from Great British Energy into community energy in Scotland?