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Challenge

How can we integrate the value of a river ecosystem into an economic appraisal of our district?

Updated by
 
Tom Rushby
on 6th July 2025

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  • Sustainable development

Example challenge: How can we integrate the value of a river ecosystem into an economic appraisal of our district?

Our district’s river catchment is a vital natural resource, providing essential services such as flood mitigation, water purification, and support nature, as well as drawing visitors to the area. As part of our economic appraisal, we aim to recognise and integrate the value of these natural assets into decision-making and policy development

We’re contributions to:
- Develop methods to quantify the economic value associated with the river and catchment.
- Identify tools or frameworks that effectively incorporate these values into appraisals and strategies.
- Share case studies or examples of successful integration of natural systems in similar regions.
- Address potential challenges, such as data availability or stakeholder engagement, in implementing this approach.

The goal is to ensure that the economic benefits of preserving and enhancing natural capital are fully considered using robust methodology, leading to balanced, sustainable development and the appropriate identification of risks and opportunities across the district.

Idea #1. Added by Neil Edwards | 4 months ago

Water Framework Directive (2000) was at the time considered innovative in including its own integral economics framework which would influence objective setting and definition of Programmes of Measures to achieve them. There is much experience in UK and EU of trying to translate the laudable politicly and science-driven initiative into practical real world approaches (eg the EU wide CIS work and in particular on economics DEFRA's Collaborative Research Project (CRP) of the 2000s, EA's NWEBS.) The challenge as stated has much in common with the aims of River Basin Management Planning envisaged in WFD. It would be worth seeking input from those who have grappled with this in the past to try to avoid some of the pitfalls and identify features of approaches perceived to work well. (Note the recent court case on deficiencies in EA's 'generic' approach).

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Neil Edwards | 4 months ago |

... and note the Water Commission's invitation to comment on revision to WFD (especially the way 2027 objectives are framed)

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