Decision - Sustainability and Carbon Reduction Investment Fund: Next Steps

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Decision details

Sustainability and Carbon Reduction Investment Fund: Next Steps

Decision Maker: Policy, Resources & Growth Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


Following on from the agreement of PR&G in March 2019 to establish a 'Sustainability and Carbon Reduction Investment Fund,' this report sets out the process for commissioning, assessing, agreeing and monitoring projects.


RESOLVED: That the Committee -


(i)             Agreed that officers should continue to develop a Circular

Economy Routemap focusing on two sectors initially: the built environment and construction; and the visitor economy (as set out in 3.10) and present a future report to the Committee relating to a final Circular Economy Route Map.


(ii)          Agreed the process for commissioning projects to be funded

by the SCRIF, as set out at 3.14, and agreed to the assessment criteria for considering which projects to take forward as shown in the template assessment sheet shown at Appendix 3.


(iii)         Agreed to the establishment of a ‘task and finish’ Member

Oversight Group for 6 months to consider all projects that are put forward for funding and approves the terms of reference at Appendix 1.


(iv)         Approved the use of £500k of capital receipts to establish the

SCRIF and agrees to delegate the decision to finance projects using the fund to the Executive Director, Economy, Environment & Culture, in consultation with the Member Oversight Group agreed in recommendation (iii).


(v)          Noted the progress in planning the corporate solar

photovoltaic (PV) work outlined in 3.8 including the provisional identification of sites; approves the use of £565k of capital borrowing in 2019/20, as set out in 3.7 and 3.8 to install solar photovoltaic panels onto corporate buildings; and delegates the decision to start the procurement process and award the contracts to the Executive Director, Economy, Environment & Culture.


Report author: Mita Patel

Publication date: 11/07/2019

Date of decision: 11/07/2019

Decided at meeting: 11/07/2019 - Policy, Resources & Growth Committee

Accompanying Documents:


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