Date lodged: 23 July 2018
To ask the Scottish Government what metrics it records to measure the impact of the Circular Economy Investment Fund.
Answered by: Roseanna Cunningham 14 August 2018
The metrics that are monitored to measure the impact of the Circular Economy Investment Fund (CEIF) include:
- Greenhouse gas reduction;
- low-carbon investment levered into Scotland by Private and institutional investors;
- and employment in low-carbon sector in Scotland
Zero Waste Scotland has a robust monitoring procedure for all projects funded by the CEIF. For each grant awarded, quarterly monitoring returns are required for three years following implementation, and these will be supported by site visits or other impact assessment where required. This monitoring procedure allows the capture of metrics beyond the targets listed here, including qualitative benefits, which can be bespoke to the specific nature of the project.