Questions and answers

Question reference: S6W-16435

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Tuesday, 04 April 2023
Current Status: Answered by Lorna Slater on 25 April 2023

To ask the Scottish Government, further to the answer to question S6W-15873 by Lorna Slater on 24 March 2023, what its position is on whether (a) there will be returns to investors from private investment in the areas covered by the Memorandum of Understanding, (b) much of that investment will (i) be from outwith the localities concerned and Scotland, (ii) involve institutional investment and (iii) result in any returns extracting wealth from those localities and Scotland; what it anticipates the average rate of return for investment will be that is offered to investors, and whether it has considered other investment models that may result in less extraction of wealth from those localities.

We expect all investment to adhere to the Interim Principles for Responsible Investment in Natural Capital as a minimum. The ethical framework that is being developed by NatureScot and its partners to guide investments under the Memorandum of Understanding will support this.

The matters referred to cannot be determined until the ethical framework has been agreed and approved and the project design phase, which includes developing investment cases with land managers, has been completed.

Question reference: S6W-16436

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Tuesday, 04 April 2023
Current Status: Answered by Lorna Slater on 25 April 2023

To ask the Scottish Government, further to the answer to question S6W-15874 by Lorna Slater on 24 March 2023, what its position is on whether promoting financial gains for private investors and private banks external to local communities, or Scotland, is an effective means of achieving a just transition to net zero within Scotland.

The Climate Change Committee, an independent statutory body, published their report on Voluntary Carbon Markets and Offsetting in October 2022, concluding that high-integrity carbon credits purchased by businesses can play a small but important role in supporting the transition to net zero.

Establishing a values-led, high-integrity market for responsible private investment in natural capital is a commitment of the National Strategy for Economic Transformation, and the Scottish Government is working to ensure that this is one of a number of measures used to achieve a just transition. In support of this, our Interim Principles for Responsible Investment in Natural Capital make clear that investments should create benefits that are shared between public, private and community interests.

Question reference: S6F-02011

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Monday, 17 April 2023
Current Status: Taken in the Chamber on 20 April 2023

To ask the First Minister what immediate action the Scottish Government will take to improve the situation regarding ferry services across the Highlands and Islands, in light of recent reports of unprecedented disruption.

Question reference: S6O-02115

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Wednesday, 12 April 2023
Current Status: Taken in the Chamber on 19 April 2023

To ask the Scottish Government when it will review the NHS Scotland Patient Travel Scheme and Highlands and Islands Patient Travel Scheme.

Question reference: S6W-15881

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Friday, 10 March 2023
Current Status: Answered by Lorna Slater on 24 March 2023

To ask the Scottish Government whether the minutes and the annual report of the Project Board envisaged under the Memorandum of Understanding between NatureScot and Hampden & Co, Lombard Odier Investment Managers and Palladium will be made public upon production.

Question reference: S6W-15878

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Friday, 10 March 2023
Current Status: Answered by Lorna Slater on 24 March 2023

To ask the Scottish Government what discussions NatureScot had with Hampden & Co, Lombard Odier Investment Managers and Palladium to require the creation of new woodland crofts or other forms of tenancies to manage new or existing woodlands and to ensure that the benefits of public and private investments would be widely shared.

Question reference: S6W-15870

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Friday, 10 March 2023
Current Status: Answered by Lorna Slater on 24 March 2023

To ask the Scottish Government, in relation to the recently agreed Memorandum of Understanding, what consultation (a) NatureScot, (b) Hampden & Co, (c) Lombard Odier Investment Managers and (d) Palladium had with the Scottish Land Commission; what agreement was reached on how they would assist the community consultation processes envisaged, and whether the (i) Scottish Land Commission and (ii) NatureScot will be paid by private investors for any assistance given to them.

Question reference: S6W-15871

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Friday, 10 March 2023
Current Status: Answered by Lorna Slater on 24 March 2023

To ask the Scottish Government what earnings NatureScot estimates Hampden & Co, Lombard Odier Investment Managers and Palladium will make from their involvement in delivering the terms of the recently agreed Memorandum of Understanding, and what returns for investors it estimates any investment opportunities arising will give.

Question reference: S6W-15868

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Friday, 10 March 2023
Current Status: Answered by Lorna Slater on 24 March 2023

To ask the Scottish Government whether the Memorandum of Understanding (MOU) between NatureScot and Hampden & Co, Lombard Odier Investment Managers and Palladium confers any guarantees or preferred status to this consortium of companies in relation to public funds and grants for the area set out in the MOU, and, if so, whether it will provide details of this.

The Memorandum of Understanding (MOU) does not confer any guarantees or preferred status to the partners and allows NatureScot to work and enter agreements with other parties, both in the locations identified in the MOU and across Scotland. MOU signatories will not have exclusive access to land managers and external parties will still be able to submit applications for public funds and grants. The usual processes and policies for public grants will apply.

Question reference: S6W-15873

Asked by: Rhoda Grant, MSP for Highlands and Islands, Scottish Labour
Date lodged: Friday, 10 March 2023
Current Status: Answered by Lorna Slater on 24 March 2023

To ask the Scottish Government how much wealth it estimates will be extracted from (a) the local areas for investment and (b) Scotland as a result of the returns expected on investment flowing from the Memorandum of Understanding between NatureScot and Hampden & Co, Lombard Odier Investment Managers and Palladium.

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