Scottish Natural Capital Accounts 2020 published

The second Scottish Natural Capital Accounts (NCA) were published in March 2020, by The Office for National Statistics (ONS), for the Scottish Government. The Accounts highlight the relative importance of services provided by Scottish natural capital, and contain estimates for the quantity and value of those services.    The report builds upon last year's inaugural NCA, in what continues to be a developing area

Scottish Circular Economy Bill 2020

Achieving a circular economy is one of five strategic outcomes for the Scottish Forum on Natural Capital, so we are delighted that the Scottish Government has outlined plans to introduce a Circular Economy Bill in the 2019/20 Programme for Government. Circular Economy – what is it? A “circular economy” seeks to move away from a linear “take, make, dispose” model

Scottish Natural Heritage Natural Capital Accounts Published

Scottish Natural Heritage recently worked with consultancy Economics for the Environment (eftec) to test a natural capital accounting approach for the land they own, or substantially manage, as National Nature Reserves.  The natural capital balance sheet, published in December 2019, is the first to be produced for SNH, and focuses on ecosystem services that flow from SNH land including: food,

AGER Report published on green recovery

The Advisory Group on Economic Recovery (AGER) was established in April 2020 by the Scottish Government. The Group was set up to provide independent, expert advice on Scotland’s economic recovery, once the immediate emergency, created by coronavirus, had subsided.  Led by Benny Higgins, the Group considered how economic recovery could increase wellbeing, fairness and inclusivity, and build on opportunities to

New biodiversity guidance to accompany the Natural Capital Protocol.

  The Capitals Coalition and the Cambridge Conservation Initiative recently published new guidance, aiming to enable businesses and financial institutions to better value biodiversity in their decision-making processes. The guidance is the latest in a growing suite of complementary guides for the Natural Capital Protocol. What is the Natural Capital Protcol? The Natural Capital Protocol (NCP) is a decision-making framework

Future research priorities for the Scottish Forum

The Scottish Forum recently submitted our priorities to RESAS, (Rural and Environment Science and Analytical Services), part of the Environment and Forestry Directorate of The Scottish Government. This was in response to a draft consultation seeking priorities for the next five year cycle of research on the environment, natural resources and agriculture, beginning in 2022.    The Environment, Natural Resources and Agriculture Research Programme is a large,

Public Sector Leaders’ Natural Capital Roundtable 2020

  Convened by NatureScot, and the Scottish Forum on Natural Capital, the Natural Capital Roundtables bring together senior representatives from across the public sector in Scotland, with the aim to explore natural capital approaches, share best practice, and develop joint actions. This year's Roundtable theme was "Investing in nature-based solutions for a green recovery", and was chaired by Francesca Osowska, NatureScot CEO. In her opening

Natural Capital report: revealing the ‘value’ of nature

Natural Capital assessments – which help to define the value of natural assets – are especially useful for individual farmers and landowners, a trial project has found. The trial applied the Natural Capital Protocol, co-developed by an international team of expert businesses and NGOs, to land-based businesses on two Moray estates run by Crown Estate Scotland as part of its

Updates from 2018 Public Sector Roundtable – Scottish Natural Heritage

The Natural Capital Asset Index (NCAI) was updated in April with the most recent results showing that overall the potential of Scotland’s environment to improve wellbeing is increasing. Heath and peatland habitats continue to show signs of recovery since lows in 2012. This year a Story Map was launched that presents the latest results in a more user-friendly and accessible

SNH’s natural capital asset index

Scotland’s Natural Capital Asset Index: Tracking the national Index  Robert Kennedy famously said of GDP “it measures everything in short, except that which makes life worthwhile”. There has been a general consensus that a more comprehensive way to measure wellbeing needs to be found. A failing of GDP is its inability to measure the often free benefits provided by nature,