To assess the costs, supply and demand dynamics of a potential Marine Net Gain market mechanism across different marine industries and locations in England.
This project supported Defra’s understanding of the range of costs associated with potential MNG interventions to developers/government, whilst considering the supply (marine nature restoration projects/pressure reduction) and demand (marine developments, offshore wind targets etc) in an MNG market mechanism. It brought together evidence from a range of recent work on the scale of development, marine nature-enhancement activities, and governance mechanisms for both. It analysed trends in development and compare the costs of interventions to achieve net gain in relation to overall development costs, and identified the scale of supply of restoration potential, and of current and future demand for activity to meet future MNG requirements, broken down by location, scale and marine industries.
The Blue Planet Fund (BPF), funded by UK Official Development Assistance (ODA), will contribute to the UK’s pledge to provide £3 billion of...
HMC led the development of the Commonwealth Guide to Blue Bond Issuance and the Blue Bond Toolkit to help governments assess, design and implement sovereign blue...
HMC is currently undertaking a project for Natural England looking at the potential funding mechanisms for the delivery of voluntary and mandatory Marine Net Gain...