Why does it matter? Megan Lock, Rural Adviser, South East Content - - PowerPoint PPT Presentation

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Why does it matter? Megan Lock, Rural Adviser, South East Content - - PowerPoint PPT Presentation

Natural Capital: Why does it matter? Megan Lock, Rural Adviser, South East Content What is Natural Capital? Why does Natural Capital matter? CLAs interest and vision for the future Post Brexit and new opportunities


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Natural Capital: Why does it matter?

Megan Lock, Rural Adviser, South East

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Content

  • What is Natural Capital?
  • Why does Natural Capital matter?
  • CLA’s interest and vision for the future
  • Post Brexit and new opportunities
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What is Natural Capital?

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AIR ALL LIVING ORGANISMS SOIL WATER

Ecosystem Services Services Ecosystem

GEOLOGY

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Ecosystem services

Supporting Services Provisioning Services Regulating Services Cultural Services

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Nutrient cycling Hydrological cycle Soil formation / pedogenesis Photosynthesis Natural succession

Supporting Services

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Industrial and / or construction materials Biodiversity Wildlife habitat Genetic resources Shelter Renewable energy production Soil Fuel

Provisioning Services

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Climate regulation Air purification Erosion regulation Water and flood regulation

Regulating Services

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Education and training Sense of place Spiritual Aesthetic Health and wellbeing Noise reduction Recreation Social / event venue

Cultural Services

Site of archaeological remains Historic monuments

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Education and training Sense of place Spiritual Aesthetic Health and wellbeing Noise reduction Recreation Social / event venue Historic monuments Climate regulation Air purification Erosion regulation Water and flood regulation Industrial and / or construction materials Biodiversity Wildlife habitat Genetic resources Shelter Renewable energy production Soil Fuel Nutrient cycling Hydrological cycle Soil formation / pedogenesis A medium for facilitating primary production Natural succession

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Economic opportunities from ecosystem services

  • Provisioning services already generate a

market return – e.g. renewable energy

  • Regulating services are closer or have a

clearer route to market – carbon and water.

  • Cultural and supporting services are

more challenging to value and monetise.

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What more could be done?

  • Not a budgetary black hole
  • Benefits of investing exceed the costs
  • Positive case but poorly understood and difficult

to implement

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  • Underpins our economy and society
  • Foundation of rural economy
  • Enhances the lives of us all
  • Finite and under pressure which is increasing
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CLA member investment in Natural Capital

52% 48%

Environmental Improvements

  • ver 5 years

Investment No investment

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CLA member investment in Natural Capital

45% 55%

Environmental Improvements

  • ver 5 years

Stewardship

  • ther
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Current investment options

Limited in scope, scale and ambition. Most substantial option to support investment is Agri-environment schemes and Countryside Stewardship

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Current investment options

For every £1 spent on these schemes, £25 is gained in natural capital benefits

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Other opportunities?

Do it alone? Groups or Farmer Clusters

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CLA’s vision for Natural Capital by 2030 Recognition & rewarded – Maintaining and enhancing Investment is viable and attractive – rural business Improvements to water, biodiversity, flooding, carbon Support to invest in NC assets and have access to a range of tools

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What is required to meet the vision?

State is primary supporter – foundation to future policy Reduce policy and regulation barriers and improve policy Encourage private markets to invest

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A new landscape post-Brexit

  • The State of Nature report
  • Develop policy outside the EU
  • We need to work together, share ideas and

experience

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Summary

Natural Capital is an asset which can provide benefits to you, your land, your business, the environment and society but we must work together to deliver

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Thank you

Megan Lock, Rural Adviser CLA South East 01264 313434 – megan.lock@cla.org.uk