Title: Environment Agency natural capital register and account tool
Client: The Environment Agency
Service area(s): Natural Capital Accounting
eftec team: Allan Provins, Duncan Royle, Rob Daniel
About the project:
The Environment Agency recently launched their natural capital register and account tool and accompanying natural capital scorecard. This tool organises data on the value, quantity and quality of natural resources in a place, providing a consistent structure for presenting evidence on the benefits the environment provides, as well as helping to monitor net gain, or net loss, of natural assets.
eftec, in collaboration with Viridian Logic, Countryscape, ABPmer, WRc and the Environment Agency revised the existing tool to improve the list of benefits included, evidence on the benefits and functionality of the tool. These improvements are intended to enable place-based input and assessment, operational use, and encourage ownership of the tool and engagement with others.
“A natural capital register and account presents the value, quantity and quality of natural resources in a place. The outputs can change the way we see the environment and the value it gives to our lives and the economy, as well as helping to monitor net gain, or net loss, of natural assets.”
Environment Agency, 2021
For further information: The tools and supporting reports, guidance and training video can be requested from the Environment Agency’s Natural Capital Team: firstname.lastname@example.org.