We all rely on nature
A healthy natural environment supports a high quality of life for everyone across Devon and helps to achieve priorities such as clean water, reduced flooding and health and wellbeing.
Natural capital refers to assets (such as water, minerals, soils, woodlands and wildlife) and the essential benefits which these assets provide (such as food, timber, pollination, climate control). These benefits are often referred to as ecosystem services. Natural capital assets underpin human life. In 2020 Devon, Somerset and Plymouth Local Nature Partnerships worked with the Heart of the South West Local Enterprise Partnership to jointly publish Investing in Natural Capital for the Heart of the South West, explaining what natural capital is, why it is critical to social and economic wellbeing of the region and including case studies.
In 2012 the Devon Local Nature Partnership was set up and commissioned a report on Devon’s Green Economy. Whilst some of the facts in this report are now out of date it still provides a useful overview. ‘Devon’s Green Economy – Full scoping report, Transform Research for Devon LNP, 2012.
This first LNRS focuses on four key areas where the restoration of wildlife habitats has wider societal benefits:
Other useful links:
- The UK National Ecosystem Assessment (UK NEA) is the first analysis of the UK’s natural environment in terms of the benefits it provides to society and our continuing economic prosperity
- The Economics of Ecosystems and Biodiversity (TEEB) have lots of information about the use of nature in economic choices
- Natural England have a number of publications regarding the value of Ecosystem Services.
- Each of the pages linked to above includes further links.
