DEFINITION: The elements of the natural environment that provide valuable goods and functions such as clean air, clean water, food and recreation. Natural capital accounting purts a value on these resouerces. Each year, the planet produces up to $72trn worth of 'free' goods and services that are essential to a well-functioning global economy.
25-year Environment Plan: Seven key talking points for sustainability professionals
With the dust settled on the launch of the Government's plan to improve the environment over a generation, edie has taken a look at seven key measures that could have the biggest impact on those in the sustainability and energy management community.
Michael Gove: UK to reward farmers for environmental practices post-Brexit
Michael Gove will indicate that the UK will replace the Common Agricultural Policy (CAP) post-Brexit with a system that gives subsidies to farmers who try to enhance the natural environment.
Redrow targets biodiversity 'net gain' at new developments
UK housebuilder Redrow has announced that a "net gain" approach to biodiversity will be adopted across all new developments, following a trial period that successfully enhanced the ecological land value of certain projects.
WWF: UK could lose £35bn by 2050 through extreme weather
Researchers have warned that future droughts could dent the UK economy by around £35bn unless extreme weather scenarios are factored into governmental and business decisions.
Businesses moving in right direction on natural capital, says World Business Council
EXCLUSIVE: Companies have taken a "huge step in the right direction" over the past 12 months when it comes to measuring business impacts on nature, the director of natural capital at the World Business Council for Sustainable Development (WBCSD) has told edie.
Has Defra's environment plan been 'kicked into the long grass'?
Opposition party politicians have expressed concern that the green business community has been "fobbed off" over the multiple delays of the Government's proposed 25-Year Environment Plan.
'Weak' Tories have broken environmental promises, says Lib Dem peer
EXCLUSIVE: The Conservative Party's environmental policy record since the 2015 General Election will be remembered as a period of broken promises, the Liberal Democrats' Deputy Leader in the House of Lords has told edie.
New natural capital metric a 'powerful lever for change', says Kering
EXCLUSIVE: A new natural capital biodiversity metric will act as an "internal change management tool" that allows companies to define and translate what environmental footprints look like in a business context, Kering's head of sustainable sourcing innovation has claimed.
Natural capital: Credible concept or spurious sustainability approach?
EXCLUSIVE: Natural capital accounting can be a "disaster" for sustainability professionals and is not an effective way of engaging the finance community with environmental issues, the head of sustainability and finance at UK brewer Adnams has said.
Pressure mounts on Defra to release environment strategy
An array of sustainability and environmental experts have told edie the Government must "stop dithering" and publish its long-awaited 25-Year Environment Plan, after a leaked version of the document was criticised for providing "grand promises with zero detail".
Post-Brexit environmental legislation could boost natural capital into the mainstream
The 25-year environmental plan can act as a catapult to launch the concept of natural capital into the mainstream, the Chair of the Natural Capital Committee (NCC) has claimed.
Businesses call for SDGs to act as a pillar for long-term environmental policy
More than 60 organisations have called on the UK Government to place the spirit and aims of the UN's Sustainable Development Goals (SDGs) at the heart of the proposed 25 Year Environment Plan to foster natural capital valuation and increase business prosperity.
Defra urged to make 'rapid progress' with release of environment plan
The UK Government must swiftly implement a legally-binding 25-Year Environment Plan to halt the decline of the country's natural capital, an independent advisory body has said.