Decision details

Warwickshire, Coventry and Solihull Local Authorities Natural Capital Investment Strategy

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

This report asks Cabinet to adopt the Warwickshire, Coventry and Solihull Natural Capital Investment Strategy as the basis for utilising natural capital funding across the sub-region, noting that the strategy aligns closely with the Council Plan (invest in our biodiversity) and has the potential to support the delivery of the future Local Nature recovery Strategy. In addition, the report proposes that, as the next steps, the governance arrangements are put in place to oversee the delivery of the strategy, including developing an implementation to address the elements set out in Appendix 2.

Decision:

Resolved

 

That Cabinet

 

1)    Approves the Warwickshire, Coventry and Solihull Local Authorities Natural Capital Investment Strategy (NCIS) as set out in Appendix 1; and

 

2)    Authorises the Executive Director for Communities in consultation with the Portfolio Holder for Environment, Climate & Culture to work with partnering local authorities through the establishment of the officer led NCIS Management Group to develop a Warwickshire, Coventry and Solihull Local Authorities Natural Capital Investment Implementation Plan (NCIIP) (as set out in 1.4 and Appendix 2) noting that a further report will be brought back to Cabinet for approval of the NCIIP.

Report author: David Lowe

Publication date: 17/07/2024

Date of decision: 16/07/2024

Decided at meeting: 16/07/2024 - Cabinet

Accompanying Documents: