Mr Toby Perkins

I thank the hon. Member for his kind words. I will start at the end of his question. He is absolutely right, and we agree with the Government that we need to be able to attract more private investment if the 30 by 30 aspiration is to be realised. It was notable that when the Government came to the Committee, they made it clear that they did not yet know—as their predecessor Government did not know—exactly how much was being raised by the private sector. The starting point of assessing whether the Government are on track to meet their targets is knowing how well they are doing right now. One of the recommendations in the report is therefore that the Government should get on with identifying the full scale of the current level of private sector investment. We will absolutely look to do that. The jury is still out on whether the nature restoration fund will be a good or a bad thing. It offers real potential. A one-for-one approach on small schemes is sometimes expensive to provide and offers relatively limited value, so there is real value to a pooled approach that enables money to go in so that wider-scale improvements can be delivered. However, as I said, we need to be really sure that that does not mean that urban areas get the blight and rural areas get all the nature gain. We need to see it delivered close to where the initial plans are being delivered.