Decision details

Further to Decision Record dated 24 January 2023 (BES 15/23) it is recommended,

i. to authorise the spend of £100,000 of funding from Department for Environment, Food and Rural Affairs (DEFRA) Local Investment in Natural Capital grant to deliver the City of York Council Green Asset Bank Pilot Project

ii. To delegate authority to the Assistant Director for Environmental Services and Climate Change in consultation with the Executive Member for Managing our Environment to award grant funds, oversee the implementation of the fund, and to make minor changes to the programme spend under delegated powers.

To allow the spend of the DEFRA grant money to deliver a series of pilot demonstration projects, which is a required output of the North Yorkshire Local Investment in Natural Capital (LINC) programme

The only other alternative is not to deliver this pilot project however this would not assist in the development of an Investment Plan in Natural Capital for North Yorkshire which is a requirement of the grant conditions.