Abstract

Nature Capital: Making Decisions as if Nature Mattered

Andrew Lovett/Professor of Geography, University of East Anglia

One of the requirements for achieving sustainable development is to treat the environment not simply as a constraint on economic activity, but rather as an integral part of the economy. Nature needs to be regarded as a set of assets with the core policy objective that over time the aggregate level of natural capital should not decline. This lecture introduces the concepts of natural capital and ecosystem services, explains how they can be incorporated into decision-making and illustrates their application in the context of the ADVENT research project concerned with valuing natural capital in low carbon energy transitions.

Speaker biography

andrewLovettAndrew's academic background is in human geography and since he moved to UEA in 1990 he has been involved in a range of projects concerned with applications of geographical information systems (GIS), landscape visualisation software and statistical techniques. At present he has particular interests in issues of rural land-use change, natural capital and ecosystem services, future energy pathways and catchment management, including projects funded by the Natural Environment Research Council, Economic and Social Research Council and the Department for Environment, Food and Rural Affairs.

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  • 20 July 2016 Creation Date
  • 26 April 2023 Last Updated