Pressures on nature, the impacts of climate change, damage to our coastal areas and reefs – these are just some of the reasons that made the theme of natural capital an obvious choice for this issue.
Unusually, we have dedicated the whole edition to this single theme because it is so crucial. We need to know more about the value of our natural capital and to protect and conserve it, so the issue offers readers some interesting options and case studies to consider.
The bank of nature is nearly empty, claims Prof. David Hill in his piece about the restoration economy, so we need to restore the balance. He outlines three broad areas of funding that he thinks would help bring jobs back to the countryside, revive biodiversity and transform conservation practice.
In an interview, Ben Goldsmith of DEFRA talks about what he thinks will be the 'biggest win for nature in this country', namely the transformation in the way taxpayers' money is spent in rural areas. He believes that this will involve plenty of opportunities for chartered surveyors, and he also touches on biodiversity, biomass and beaver re-introduction in this fascinating read.
Charles Cowap meanwhile grasps the thorny problem of how farmers' work in the countryside will be funded in the future, and discusses the new initiatives that are open to forward-thinking surveyors and land agents.
Elsewhere in the issue, we look at how one company believes that satellite imagery can be used as a fast, efficient and cost-effective way to understand natural capital, focusing on the health of mangroves as an example. We also reflect on the future of our coral reefs, with James Spurgeon considering whether a natural capital approach can help save them from extinction.
As ever, we hope you find much to engage you in the journal, and welcome any feedback you may have.
Journals & Content Editor
Sian edits the Land Journal. She previously worked at RICS on various isurv channels including Planning, APC and Residential as well as professional standards and guidance.