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