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The ERC is a complex and innovative piece of Scottish Government (SG) policy and project development work. Developing a new market mechanism for nature / biodiversity that fully integrates high-integrity principles is a highly technical exercise spanning issues of biodiversity and ecosystem science, ecological survey / data and monitoring, governance, and economics, to name a few.Further information on our considerations to date in terms of what is likely to be required for the development of Scottish nature / biodiversity markets can be found in our Ecosystem Restoration Code (ERC) Engagement Paper, published in May 2025.Because of the above, the SG-NatureScot ERC project team has some key technical expertise gaps that will need to be filled to help continue our work on developing a “competent model” for an ERC by January 2026. These are as follows:1.Designing the overall structure and scope of high-integrity nature market codes and standards;2.Technical and scientific advice on high-integrity metrics and measurement approaches for biodiversity and ecosystem condition in the context of nature markets and nature related risks and dependencies to business ;3.Technical and scientific advice on high-integrity tests of additionality for nature markets; and4.Technical and scientific advice on high-integrity approaches to stacking and bundling options for nature markets.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Edinburgh Innovations Ltd | SC148048 | £6,375 | - |
Government spending data: This supplier has received £4,752,315 in 92 payments (over £25k) from Scottish Government, UKRI, Department of Health and Social Care, ONS, Ministry of Defence and 6 more public bodies (2017-09-07 to 2025-07-04). View full payment history →
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