The Business of Natural Capital THIS EVENT WILL BE STARTING SOON - - PowerPoint PPT Presentation
The Business of Natural Capital THIS EVENT WILL BE STARTING SOON Updated weekly, please visit www.cla.org.uk/coronavirus or contact your Regional Office for 1-2-1 specialist advice CLA Briefing Paper: CLA WIN AS GARDENS TO COVID-19:
THIS EVENT WILL BE STARTING SOON
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Updated weekly, please visit www.cla.org.uk/coronavirus
CLA Briefing Paper:
CLA WIN AS GARDENS TO
COVID-19: Re-starting
BE REOPENED TO PUBLIC
the rural economy
26 May 2020
Introduction
What’s happening now?
What needs to happen in the future?
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The Natural Capital Committee (a Government Advisory Body) definition: “elements of nature that directly or indirectly produce value or benefits to people, including ecosystems, species, freshwater, land, minerals, the air and oceans, as well as natural processes and functions”. Much-needed investment and new income streams for the rural economy; Mitigation tool for businesses; Recognition of the environmental assets; Benefit to society as a whole.
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Oliver McEntyre National Agricultural Strategy Director, Barclays Oliver grew up on a family farm in Lancashire, after 3 years at Myerscough College he spent 10 years managing pig units throughout the north west, then spent 6 years as an independent Farm Business
Senior Agricultural Manager for Cumbria and Scotland before being appointed National Agricultural Specialist in 2012. In his current role as Barclays’ National Agricultural Strategy Director, Oliver oversees Barclays’ agricultural strategy and positioning from an industry perspective. Dr Jason Beedell, Rural Research Director at Strutt & Parker Jason provides knowledge on rural property, farming and land use to S&P’s rural team, clients, as well as commissioned research
natural capital account for Clifton Castle in Yorkshire, which was the first account for a large, complicated rural estate in the UK. Harry Greenfield Harry is a senior policy adviser who has been with the CLA since 2018. Before joining the CLA he worked for 10 years in a range of roles related to farming and the
land use, including agri-environment schemes (Environmental Stewardship and Countryside Stewardship), protected species, natural capital, invasive species, pollinators and nature conservation. Archie Ruggles-Brise, Co-owner & Estate Manager, Spains Hall Estate Archie runs the Spains Hall Estate in North
farming, property, in hand environmental and tourism enterprises Archie is actively exploring potential to further diversify into provision of environmental goods. As a Chartered Water and Environment Manager, and following time spent in the environmental charity sector, he developed a natural flood risk management project to benefit the local village, employing beavers to build a new wetland and generating tourism income.
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Jason Beedell, jason.beedell@struttandparker.com, 07795 65 14 93 Ian Dickie, ian@eftec.co.uk, 07740 512 593
The information in this presentation is the property of eftec and Strutt & Parker. It may not be copied or distributed without the express written consent of both firms.
Farm X Example – Baseline Account*
* Simplified to illustrate changes in future values
8 Benef efit it Phy hysic ical al Flow Monetar ary Flow Quant ntit ity Unit In In-ha hand nd activity vity Tenan ant Public lic Food Arable output
735 Tonnes £11.6k net income
£ net income to tenants
Livestock output
130 Heads £8.8k net income £27k net rent
Timber er
109 Tonnes £20.4k net income
Climat ate (GHG GHG flow) w) Sequestration (woodland)
277 tCO2e £64k
Net flux (farmland soil)
158 tCO2e £37k
Livestock emissions
(385) tCO2e (£89k)
Fertiliser use
(141) tCO2e (£37k)
Manure management
(8.4) tCO2e (£2.1k)
Farm & other operations
(19) tCO2e (£4.6k)
Water er Qualit ity impacts
(29) Kg N03 leaching (£0.3k)
Re Recrea eatio ion
23k No Visits £85k
Phy hysic ical al Healt lth
12k Active visits £29k
Total al £41k £27k £18k Maint ntena enance nce costs (£38k) k) (£4k) k)
Farm X Example – land use changes proposed
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Change arable system to increase productivity to top 25%... …and switch to organic fertiliser… …and actively work to improve soil organic matter (SOM) Stopped grazing on some marginal land… …so decreased livestock output and rent… …and lower livestock GHG and N emissions
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Farm X Example – Future Account*
* Simplified to illustrate changes in future values
Baseline Monetary Flow Future Monetary Flow
Benefit
In-hand Tenant Public In-hand Tenant Public Food Arable output
£11.6k net income
£ net income tenants
£11.2k net income
£ net income tenants
Livestock output
£8.8k £7.3k £27k net rent £24k net rent
Timber
£20.4k £30.4k
Climate (GHG flow) Sequestration (woodland)
£64k £126k
Net flux (farmland soil)
£37k £47k
Livestock emissions
(£89k) (£72k)
Fertiliser use
(£37k) (£21k)
Manure management
(£2.1k) (£2.1k)
Farm & other operations
(£4.6k) (£4.6k)
Water Quality impacts
(£0.3k) (£0.1k)
Recreation
£85k £85k
Physical Health
£29k £29k
Total £41k £27k £18k £49k £24k £187k Maintenance costs (£38k) (£4k) (£42k) (£7k)
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Oliver McEntyre Barclays National Agricultural Strategy Director
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BSc (Hons) C.WEM
archie@spainshallestate.co.uk linkedin.com/in/archierugglesbrise/
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Coming up next…
Forestry Update – Thursday 4th June 11am
As well as future sessions of ‘In Conversation With…’
Jake Fiennes, Holkham Estate – Thursday 28th May 4pm Alastair Driver, Rewilding Britain – Friday 12th June 3pm