Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, with reference to paragraph 12 of page 74 of Mobilising Green Investment: 2023 Green Finance Strategy, published in March 2023, what estimate she has made of private investment in nature's recovery in each of the last five years; and whether she has made an estimate of such investment in the next year.

As set out in Mobilising Green Investment: 2023 Green Finance Strategy, we are committed to monitoring annual private finance flows into nature’s recovery in England against our target.

The government has not produced any official estimate of private investment in nature’s recovery for the last five years, as no reliable measures are yet in place. We have also not produced any forecast for such investment for the current or future years.

My department is developing a methodology for tracking private investment in nature’s recovery, informed by research that we commissioned last year.