The report makes a series of recommendations to Government, building on its previous two State of Natural Capital reports.
To read the third report click here.
The report has three key messages. These are:
1. Some assets are currently not being used sustainably. The benefits we derive from them are at risk, which has significant economic implications;
2. There are substantial economic benefits to be gained from maintaining and improving natural assets. The benefits will be maximised if their full value is incorporated into decision-making; and,
3. A long-term framework is necessary to maintain and improve natural capital, thereby delivering wellbeing and economic growth.
To read the second report click here.
The key messages from the first State of Natural capital report were:
Broadly, the report recommended the need for a new framework in order to:
To find out more and download a copy of the first report, click here.
Annual State of Natural Capital reports are the Natural Capital Committee’s main form of advice to Government. The reports bring together the Committee’s thinking on why natural capital should be integrated into the economy, and how this can be done. The first report was published in April 2013, the second in March 2014 and the third report was published in January 2015.