Responsible management of land for natural capital essential for a just transition, says land reform body.
The Scottish Land Commission has today (4 August) issued a new protocol on responsible natural capital and carbon management.
In a bid to meet the country’s net zero targets, Scotland’s land provides a huge opportunity for investment in natural capital activity such as tree planting and peat restoration, presenting both benefits and risks for businesses, communities and the economy.
As a result, the Scottish Land Commission has published a new protocol setting out practical expectations for new and existing landowners, managers and investors to ensure that their approach to natural capital and carbon management recognises their responsibilities, as well as their rights, in relation to land and contributes to a just transition.
Hamish Trench, Chief Executive of the Scottish Land Commission, said: “The newly published protocol builds on existing, crucial work to ensure Scotland’s net zero targets are met while benefitting communities, landowners and businesses fairly. There is no need to wait for market regulation or new legislation, change in practice can happen now. The protocol will help landowners, investors and communities take a responsible approach in what is a rapidly developing sector of land use and investment.”
The protocol is part of a suite that has been published by the Scottish Land Commission to support the practical implementation of the Scottish Government’s Land Rights and Responsibilities Statement (LRRS). Together they are helping drive improved transparency, accountability and governance of Scotland’s land.
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Posted On: 05/08/2022