CIRIA has launched a new tool for calculating the benefits of green and blue infrastructure CIRIABEST (CIRIA’S Benefits Estimation Tool) The tool and guidance make assessing the benefits of blue-green infrastructure easier, without the need for full scale economic inputs. CIRIABEST was first produced and released as a spreadsheet tool (‘BeST’) in 2015 and was […]
The government has published new guidance on calculating the impact of flood and coastal erosion risk management schemes on the natural and historic environment. There is also a tool to calculate a monetary value of the impact. EHOV (Environment and Historic Environment Outcome Valuation) is an update to the 2010 Economic Valuation of Environmental Effects […]
IEMA Interview: ‘Sir Partha Dasgupta on finding a natural remedy to the destruction of nature. Sir Partha Dasgupta, author of the landmark Dasgupta Review on the Economics of Biodiversity, tells Chris Seekings why a new approach is needed to halt and reverse humanity’s destruction of nature Last year, the Dasgupta Review, a landmark review into […]
A new interactive online tool from We Value Nature presents the most common pathways and barriers that businesses face on their valuing nature journeys. The Natural Capital Journey brings together the most useful lessons and resources the campaign has identified or developed working alongside business. The interactive tool includes relevant case studies, standardised approaches and other resources […]
From Water Briefing The Freshwater Natural Capital report states that England’s water bodies provide enjoyment for almost one million anglers over a total of 17 million angling days per year. The overall value of England’s freshwater fisheries’ natural capital is calculated to be a staggering £1.7 billion, plus several unquantified physical, mental health, and biodiversity […]
CRCWSC ‘Investment in water sensitive infrastructure is critical in transforming our cities to become more liveable, sustainable, resilient and prosperous. Both the public and private sector have a role in redesigning and improving water management as part of this transition to water sensitive, low carbon, green cities. Local government has a specific role in the […]
The Natural Capital Committee’s 7th annual report Chairman’s message: Dieter Helm ‘Nine years have now passed since the government published the 2011 White Paper, The Natural Choice, committing to the objective “to be the first generation to leave the environment in a better state than it inherited.” To achieve this, the Natural Capital Committee (NCC) […]
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.