{"id":5138,"date":"2024-10-09T15:06:31","date_gmt":"2024-10-09T15:06:31","guid":{"rendered":"https:\/\/peninsulapartnership.org.uk\/?p=5138"},"modified":"2024-10-09T15:23:46","modified_gmt":"2024-10-09T15:23:46","slug":"national-wealth-service","status":"publish","type":"post","link":"https:\/\/peninsulapartnership.org.uk\/national-wealth-service\/","title":{"rendered":"National Wealth Service"},"content":{"rendered":"
A new natural capital approach is needed if we are to save nature is the stark warning issued as a major new report on the state of our natural world is launched by Natural England.<\/p>\n
\u201cNature is the national wealth service\u201d: says Natural England Chair, Tony Juniper, as he calls for new approach in a major report. He goes on to say benefits provided by nature make it vital to national prosperity.<\/p>\n
Natural capital is the parts of nature that provide benefits to people. We depend on it for the air we breathe, the water we drink and the food we eat. It boosts our health and wellbeing. It captures and stores carbon and has a vital role to play in helping us adapt to the impacts of climate change.<\/p>\n
Natural capital is also an economic concept. It considers nature as a stock of assets, which we have to invest in. Ecosystem assets need to be in a healthy state to support the benefits society relies on<\/p>\n
The State of Natural Capital Report, published by Natural England, provides a unique insight into the vital role that healthy nature plays in underpinning our economic health.<\/p>\n
The report provides a comprehensive assessment of the state of our ecosystem assets, such as wetlands and forests, and the important role they play in sustaining us and the risks to society and the economy if the status quo is maintained.<\/p>\n
Key findings:<\/strong><\/p>\n Because our ecosystem assets are degraded, they are less able to cope with the impact of future change. Our assets are already very highly impacted by land and sea-use change, pollution, natural resource use and exploitation and climate change. There is currently a very rapid increase in the severity of impacts of climate change, associated invasive species (including pests and diseases) and land and sea-use change. This puts the assets and benefits we rely on at risk.<\/p>\n Priority actions and opportunities There are three main ways to reduce risk to natural capital:<\/p>\n Follow this link to read the Natural England press release<\/a> on the National Wealth Service.<\/p>\n\n
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