Workshop invite: Business in the Blue Economy – 27th February 2023

A workshop exploring natural capital approaches to help marine industries deliver Scotland’s Blue Economy Vision 27th February 2023, 11am-4pm, in-person only at University of St Andrews, Fife Join our hosts, the Marine Natural Capital Forum Scotland (MNCFS), to hear expert insights from government, academia and the marine and land-based industries on the ambition for a Blue Economy. The discussion will

December Webinars: Peatland Code update and Scaling nature recovery through co-ownership

Join the Scottish Nature Finance Pioneers for two lunchtime webinars exploring nature restoration finance mechanisms. Webinar: IUCN Peatland Programme Update, including progress on Peatland Code V2 – 14th December 1.30pm-2.30pm GMT As iconic landscapes, peatlands offer breathing spaces for millions of people, support livelihoods and provide a sense of place for many communities. Such an important resource requires responsible management.

COP15 and Scotland’s natural capital – a critical foundation for Scotland’s prosperity

Members of the Scottish Forum on Natural Capital Steering Group recently wrote to the First Minster to reiterate how Scotland’s current and future economic prosperity relies heavily on the protection and valuation of its natural capital. The group urge the government to embed natural capital thinking into the redesign of the agricultural policy, the National Marine Plan, the Biodiversity Strategy

An insightful and challenging event – our Business Rebalance for Nature workshop

Our co-produced workshop ‘Business Rebalance for Nature – Are nature-based disclosures a gamechanger for businesses in Scotland?’ held on 26th October, provided some golden nuggets of insight and knowledge from the speakers and participants last week. You can catch up on the recordings on our YouTube channel and read a summary of the content. Thanks once again to the Capitals Coalition and University of Edinburgh Business

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,

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

GUEST BLOG: Scotland's Natural Capital Asset Index 2020

Background: GDP and beyond  Since the Second World War a country’s success has usually been measured by its Gross Domestic Product (GDP). The logic being that as a nation’s citizens become better-off, they are able to meet more of their basic human needs, and ultimately this improves their wellbeing. However, as nations have developed and basic needs are more commonly being met, the link

Testing natural capital approaches in land-based businesses

Since 2017 a number of organisations have been working to trial the Natural Capital Protocol and other natural capital approaches, for a variety of land-based businesses in Scotland. These trials have been pioneering projects within the UK, with some the first of their type anywhere in the world.      What is the Natural Capital Protocol?    The Natural Capital Protocol (NCP) aims to improve decision-making processes

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

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