We know Environmental Bodies (EBs) would like to be able to provide more targeted and focussed financial information to help evaluate the wider value that the Landfill Communities Fund (LCF) delivers to the economy.
To assist with this task, we have developed a framework, which may assist EBs and other interested stakeholders assess the value and impact the LCF has made to local communities and the environment.
The approach involves considering both the greater financial impact of the LCF and the wider social and environmental benefits provided to local communities.
The overarching aim of the framework is to provide the building blocks to help to quantify the economic value of the LCF using project data by estimating a value generated for each £1 spent. EBs will be able to do this by measuring spend on project types (under Objects D, DA and E) multiplied by published indices of impact, which are outlined in the framework. The full framework document can be downloaded on the right hand side of this page.