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    • First annual review of natural capital
     
    December 12, 2017

    First annual review of natural capital

    News

    The Natural Capital Coalition has published This is Natural Capital 2017. It is the first annual review of trends and activities within the natural capital concept. It includes headline facts (e.g. 68 countries are currently planning to produce natural capital accounts) and perspectives from a number of leading experts on the topic. 

    Meanwhile, The UK’s natural capital should be considered in flood protection proposals, according to the Department for Environment, Food and Rural Affairs (Defra).

    Speaking at New Civil Engineer’s Flood Management Forum, Defra head of water and flood integration Hazel Durant said that while the economic and societal cases for flood protection schemes are usually considered, the natural capital case is not.

    The concept of natural capital places an economic value on services provided by nature, such as clean water. In July the Office for National Statistics (ONS) valued the UK’s freshwater capital at £39.5M.

    Tagged: DEFRA, Natural Capital, Natural Capital Coalition

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    Ocean and Coastal Futures, formerly known as Communications and Management for Sustainability