In the latest set of natural capital accounts for the UK, the Office for National Statistics (ONS) has described current levels of water abstraction are unsustainable in some regions – as abstraction in England continues to rise. The amount of water being abstracted for public water supply declined by 12%, to 6,443 million cubic metres, from […]
Valuing green spaces in urban areas: a hedonic price approach using machine learning techniques Estimation of the value of recreational and aesthetic services provided by green and blue spaces in urban areas in Great Britain, capitalised into property prices.
This article looks at natural capital assets, the flows and values of services – terms that help us think logically about how to measure aspects of the natural world and their impact upon people. Natural capital assets are things that persist long-term, such as mountains or a fish population. From these assets, people receive a […]
The latest set of UK natural capital accounts have just been published, estimating the volume of services and value of Britain’s natural capital between 1997 and 2015. According to the accounts, the partial asset value of UK natural capital was estimated to be £761 billion in 2015. 58% of this value was attributable to cultural […]