4.10f Explore the intersections and overlaps between natural capital and culture and heritage capital, and how this relationship can be integrated into valuation and policy frameworks.

Background

DCMS’s Culture and Heritage Capital programme has made significant advances in developing rigorous and robust methods for valuing the benefits of culture and heritage. This work provides a core methodological foundation for DCMS’s wider appraisal, evaluation and evidence development, and we welcome research that helps strengthen its practical application across different policy and place contexts. Further research is required to improve current valuation methods and develop and integrate new methodological approaches to measurement and monetisation. This includes how we can embrace developments in AI and big data to improve our analytical capabilities, and how to build capacity across the cultural sector to understand and implement our analysis more effectively.

Next steps

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