Okay. I'll start on this one, if I may. So, clearly, and I think as we said in our evidence, our resources are stretched thinly, and we are conscious of what we would like to do and aim to do, moving forward, to ensure that we're prioritising our work on biodiversity. And that's why I think, when we developed our corporate planning, we were very clear that we wanted to focus in on three key objectives: one around nature, one around climate change, and one around pollution, as we see those being interactive, integrated and delivering across all three of those areas collectively.
We have pressures on our finances; we're no different to any other public sector body at the moment, and we are in discussions with the Welsh Government about that and trying to ensure that, where we do have specific elements of funding provided, we are able to use that as flexibly as possible. So, for example, you mentioned our ability to monitor, and I think that came up at the end of the first session, and what we've been trying to do is, where we've been given extra funding, through things like Nature Networks, is use our ability to extend that funding to include things like baseline monitoring and ongoing monitoring, rather than just the capital delivery of the work that might be then to deliver the biodiversity benefits. So, we are using all of the resources that we have available to us.
We have done some things to help ourselves, like, for example, we have stringently looked at our regulatory charging income to ensure that we are making sure that we are covering our costs through our charging regimes. I know that's never palatable, to charge payers to meet increased costs, but it is really important that they are paying for the service that they receive. So, we are working to ensure that our costs remain covered by our charging schemes.
And we are working with the Welsh Government and others to see what more can be done in terms of new forms of finance into the mix, because I think everyone's recognised that if we are to achieve the target, it's going to require a lot more investment than the Government has available to it, or any organisation funded by the Government. So, that's another key area of work that we will be working with the Welsh Government on.
And I think, as I said at the outset, it's been clear that we need to work collectively and collaboratively together to ensure that all of the resource that each organisation is putting into this is being used to its best effect, and one of the things that came out of the monitoring expert group was that there is a lot of work going on in a lot of different organisations, and what we really need to do is to bring that all together so that we're all complementing each other, not duplicating each other, and then the gaps that need to be filled will be much clearer and then we can pursue how we fill those gaps. And the same is true in terms of the work we do on SoNaRR. So, pressures are on—our resources have very tight and thinly spread, as you said, but I think we are trying to do what we can within our powers to bring more resources into the delivery here, through things like the Nature Networks fund, other external funding and looking at these other areas like cost recovery and new, innovative finance mechanisms.