Natural Capital – CREW Natural Capital and River Basin Management Planning

In this episode, we are joined by Lorna Cole, Louise Bond and Alistair McVittie to discuss their collaboration on the newly published CREW report; Natural Capital and River Basin Management Planning, and what its findings could mean for the future of Scotland’s water environment and land use.

We explore the report’s recommendations, including taking a whole-catchment, natural capital approach to river basin management, to consider the wider landscape and the many benefits healthy ecosystems provide. The conversation covers the evidence behind nature-based solutions as well as the opportunities, trade-offs and challenges associated with implementing them at scale.

We also examine the economic implications of changing land use, how the value of environmental improvements can be measured, and what future funding models, including public and private investment, blended finance, and emerging environmental markets could mean for farmers and land managers.

Host Harry Fisher, Producer Iain Boyd, Editor Kieron Sim, Executive Producer Kirstyn Blackwood

Timestamps:

0:53 – 3:44 intros to speakers and CREW
3:45 – 9:08 The report, its recommendations, 5 key elements and why this research is crucial
9:09 – 17:05 Different nature-based solutions, co-benefits, and trade-offs
17:06 – 21:06 how to quantify costs and value of managing land for wider societal good and future markets
21:07 – 32:40 Nature based solutions at scale, stakeholders, and mechanisms

Resources:

FAS Water management resources for farmers: https://www.fas.scot/environment/water-management/

FAS Natural Capital podcast: https://www.fas.scot/sounds/natural-capital/

CREW Natural Capital and River Basin Management Planning – Protecting and Improving Scotland’s Water Environment: https://www.crew.ac.uk/publications/natural-capital-and-rbmp

FIRNS – The Facility for Investment Ready Nature in Scotland: https://www.nature.scot/funding-and-projects/firns-facility-investment-ready-nature-scotland

Scottish Forum on Natural Capital: https://naturalcapitalscotland.com/

Nature Finance Exchange: https://naturefinancex.nature.scot/

Farming & Water Scotland: https://www.farmingandwaterscotland.org/

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