Crown Estate Scotland has published its three-year plan setting out how it will manage sea, land and coastline for the sustainable development of Scotland’s communities and businesses
The investment will see coastal community regeneration, green energy and sustainable development benefit.
Crown Estate Scotland has fostered new ways of working with local and community partners, supported the growth of offshore renewables and helped develop new ways of farming the land sustainably.
Crown Estate Scotland returned over £20m to the Scottish Government for public spending.
The plan provides a blueprint for Crown Estate Scotland, operating under new legislation that focuses on sustainable development to continue delivering wider value for Scotland.
It includes investing £70m over three years, commercial-scale offshore wind leasing, a new communities fund and raft of support for new ways of producing food on land and at sea.
Focus on sustainable growth that benefits all
Crown Estate Scotland chair, Amanda Bryan said: “Over the coming years we want to invest in property, natural resources and people to generate lasting value. From growing shellfish to new ways of farming, regenerating coastal communities to building Scotland’s blue economy, our focus will be sustainable growth.
“We are looking forward to working with communities and businesses to deliver positive change for Scotland.”
The five main objectives which are:
- Support the expansion of Scotland’s blue economy, focussing on marine and coastal sustainable development.
- Develop a built environment that strengthens communities and benefits businesses
- Invest in innovation and work with tenants to enable sustainable use of natural resources
- Build partnerships for people and the planet
- Develop and deploy our people’s expertise to deliver value and success