How do we incorporate the full spectrum of natural capital and the value of the benefits it provides into policy development, analysis, and appraisal? What are the tools we need to make use of robust economic values easier for everyone – across government and beyond?

Background

Adopting a natural capital approach improves understanding of economic, social, cultural, and environmental values. Helping to encourage behaviours and practices that support stewardship and sustainability.

Next steps

Get in touch with ari.comment@go-science.gov.uk

Source

This question was published as part of the set of ARIs in this document:

DEFRA Research and innovation interests GOVUK

Related UKRI funded projects

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    The project aims to enhance understanding of non-instrumental value concepts and explore how they can be integrated into economic thinking and policy decisions.

  • Taking the debate on nature's value to the valuers [A follow on funding bid based upon the AHRC Research Network on 'Debating Nature's Value']

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    The project aims to develop a system that allows anyone to value trees and improve understanding and use of ecosystem services and natural capital.

  • NEC05943 Natural Capital Knowledge Exchange to Support Healthy Local Economies (Open Call)

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  • ADVANCES (ADVancing Analysis of Natural Capital in LandscapE DecisionS)

    Natural Capital is a fundamental component of an economy's stock of resources upon which human health, well-being and wealth depend. Economic growth and development are conditioned by the economy's overall capital stock ...

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  • Valuing Nature Programme Coordination Team

    The concepts behind Valuing Nature are coming of age, emerging from the Millennium Assessment, and in the UK the subsequent UK National Ecosystem Assessment and the Natural Environment & Water White Papers published ...

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    The Valuing Nature Programme aims to provide interdisciplinary science to put the value of nature at the core of the economy, aligning with the question's focus on incorporating natural capital into policy development.

  • Valuing nature

    In recent years, it has been argued-increasingly-by government and business that we ought to conceptualise the natural world as 'natural capital': that we ought to think of nature as a kind of 'capital', just like machin...

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    The world’s economic systems do not currently recognise the value of nature to planetary and human health, and mainstream economic drivers negatively affect the natural world both directly and indirectly. The degradation...

    Funded by: Horizon Europe Guarantee

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    SWEEP brings together a unique blend of academics, businesses and policymakers to place 'natural capital' - those elements of nature producing value for people - at the heart of regional decision-making and business proc...

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