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Natural Capital

Natural capital can be thought of as the stock of our physical natural resources and the ecosystem services that they provide. This section provides an overview of natural capital, upcoming work on measuring natural capital, past and upcoming events and seminars, and all related publications.

Related Publications

2015

UK Natural Capital - Freshwater Ecosystems Assets and Services Accounts
This paper develops initial UK freshwater ecosystem asset and services accounts for 2008 to 2012.

Natural Capital Accounting 2020 Roadmap: Interim Review and Forward Look (672.7 Kb Pdf)
This Review and Forward Look offers an introduction to accounting for the value of nature in the UK, assesses achievements in the two years since publication of the Roadmap, outlines various challenges, and sets out priorities for the next phase of  the Roadmap.

Land Cover in the UK
In this paper ONS develops Land Cover ecosystem accounts for the United Kingdom (UK).

Spatially disaggregated woodland ecosystem accounts and marine ecosystems accounts scoping study
Defra published these spatially disaggregated woodland ecosystem accounts and marine ecosystems accounts scoping study as part of natural capital project.

Peatland accounts scoping study
Defra published this peatland accounts scoping study as part of natural capital project.

2014

Principles of ecosystems accounting (1.25 Mb Pdf)
This paper sets out the basic principles to be followed when developing ecosystems accounts.

UK Natural Capital – Initial and partial monetary estimates
Components of UK Natural capital valued at £1,573 billion for the first time by ONS.

Valuation for natural capital accounting seminar proceedings
A summary note of proceedings, issue papers discussed and presentations delivered at the valuation for natural capital accounting seminar in London in November 2013.
 

2013

Towards wealth accounting – natural capital within comprehensive wealth (457.6 Kb Pdf)
The aim of this paper is to share ONS plans for developing natural capital estimates

Monetary valuation of UK timber resources (226.6 Kb Pdf)
The monetary value of UK timber resources at 1 April 2011 is estimated to be £6.7 billion. This paper provides the methodology to estimate the value of UK timber resources.

Measuring UK woodland ecosystem assets and ecosystem services (273.5 Kb Pdf)
This paper presents the initial experimental UK woodland ecosystem asset and services accounts.

Measuring UK woodland area and timber resources (197.6 Kb Pdf)
This paper presents the experimental physical asset accounts for UK woodland area and timber resources for 2011-12. 

Land Use in the UK (527.8 Kb Pdf)
This paper presents the first experimental physical asset accounts for UK Land Use for 2000-2010. 

Monetary Valuation of UK Continental Shelf Oil and Gas Reserves (256.3 Kb Pdf)
The monetary value of UK Continental Shelf oil & gas reserves at 31 December 2011 is estimated to be £120 billion. This paper provides the methodology to estimate the value of UK oil & gas reserves.

2012

Roadmap on natural capital accounting (786.5 Kb Pdf)
A roadmap to set out a strategy to incorporate natural capital into the UK Environmental Accounts by 2020

Consultation on the accounting for the value of nature in the UK
Consultation to update the current thinking and progress, and seeks views on what the scope and priorities should be in moving towards 2020 goal.

Responses to the consultation on accounting for the value of nature in the UK
This paper summarises the responses to the consultation on accounting for the value of nature in the UK and provides ONS views on the points made in the responses.

Measuring National Well-being - The Natural Environment
This article provides information on the environmental assets available to us, how they are used and the pressure that places on the natural environment.

2011

Towards a sustainable environment - UK natural capital and ecosystem economic accounting
The aim of this article is to outline the approach to delivering early changes in the UK Environmental Accounts by including natural capital and to share plans for developing a roadmap to deliver further improvements by 2020.

 

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