Decision details

GM Environment Fund Update

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

1.        That the progress made in developing the Greater Manchester Environment Fund since the publication of the Greater Manchester 5 Year Environment Plan be noted.

 

2.        That the initiation of the Fund be approved and that authority delegated to the Chief Executive Officer, GMCA & TfGM, GMCA Monitoring Officer and GMCA Treasurer, in consultation with the Portfolio Lead for Green City region, to finalise the form and make-up of the Fund and GMCA’s role within it.

 

3.      That the Greater Manchester Environment Fund Briefing Note for publication (annex 1 to the report) be agreed.

 

4.      That it be noted that the purpose of the fund was to stimulate investment to deliver positive environmental impact across Greater Manchester, the scale of impact will depend on the success of the fund managers in attracting suitable funds.  Projects ultimately delivered by the fund will, inter alia, take into account equality and diversity considerations; the charitable nature of the fund will serve to underpin this aim.

 

5.      That it be noted that the progress of the fund will be monitored by the Fund Board and be reported quarterly to GMCA and other partners.

 

6.      That it be noted that the diversity of speakers will be progressed further for next year’s event.

 

Publication date: 29/09/2020

Date of decision: 25/09/2020

Decided at meeting: 25/09/2020 - Greater Manchester Combined Authority

Accompanying Documents: