Using evidence from Aviva funded programme delivery to catalyse systems transformation.

Description

Please read the Expression of Interest (EOI) document for full information. WWF and AVIVA PARTNERSHIP OVERVIEW Since 2021, WWF and Aviva have been working together to restore UK landscapes and seascapes, build healthier more resilient communities and help transform one of the biggest indirect drivers of climate change: the UK finance sector. As part of the partnership, we are working on the ground in the UK and Canada to protect and restore nature, and in turn create climate-resilient communities. Together we are supporting habitat restoration by funding conservation in 4 locations across the UK - harnessing nature to reduce flooding in communities, liaising with farmers and landowners to support a shift to more regenerative farming practices, funding pioneering research into climate data collection, and helping to inspire and mobilise local communities to get involved in nature restoration. A key purpose of these on the ground projects is to deliver improved climate and flood resilience to communities. However, there is a lot to be learned from these projects; they can provide the evidence and social mandate to help shape and underpin the policy and regulatory asks Aviva and WWF advocate for so investing in nature restoration becomes a more attractive proposition for the financial sector, which in turn will unlock finance to drive change at the scale and pace necessary. PURPOSE AND OBJECTIVES OF THIS PIECE OF WORK The current phase of the Aviva partnership will come to an end in June 2024. To ensure a strong legacy we are looking to capture learnings from the delivery to date and use this to ensure there is robust legislation, policy, and regulation and funding mechanisms that will facilitate scaling of private nature finance. The overarching objectives of the evaluation are: 1. To provide a comprehensive overview of the policy, financial, legislative and regulatory barriers the delivery projects have encountered; highlighting areas where current policies/approaches need to shift and setting out actions needed to make these investible at scale. 2. To test how an integrated systems approach to climate, nature and people would evidence overcoming barriers and deliver cost-effective solutions that restore nature, mitigate and adapt to climate change and meet the needs of communities. 3. To inform and support WWF's & Aviva's individual and joint asks for legislation, policy, regulation and funding that would support integrated delivery of climate and nature targets. The findings will be used to inform policy position papers for discussion, provide evidence to underpin WWF's & Aviva's asks and/or shape draft skeleton legislation.