Securing public value from natural resources
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On behalf of the Scottish Land Commission, CLES has investigated mechanisms and governance models used in the management of natural resources and how lessons from these could be transposed to the burgeoning natural capital market in Scotland.
Our research and development of different resource based case studies pointed to key principles which could be applied to natural capital projects. These include: organisational purpose; future proofing; creative use of law and policy; transparency; internal democracy and local voice. When taken together we believe they provide the underpinning of an approach which would build community wealth, from the ground up.