Following his presentation to the 2017 Landscape Institute Conference, JSA Director has briefed the Landscape Institute’s Policy Committee on natural capital accounting. The Policy Committee is developing a policy response to the emergence of NCA as a tool for assessing the value of green infrastructure. Jon’s briefing follows the completion of JSA’s award-winning Corporate Natural Capital Account for the London Borough of Barnet and publication by the GLA, the HLF and the National Trust of a new Corporate Natural Capital Account for London.
Jon Sheaff commented: ‘Corporate Natural Capital Accounting is a new and emerging approach to attributing value to landscape and one which has already stimulated a lively debate about the extent to which natural assets can be considered in this way. For us and for our clients, it can provide a robust evidence base to support the proposition that investment in green infrastructure can deliver real, tangible and quantifiable benefits for people, for communities and for the environment. At a time when funding for green infrastructure is under significant pressure, we need all the evidence we can muster to justify on-going investment. But landscape as a natural asset has a value beyond financial considerations and the LI Policy Committee will determine where the balance lies between financial and non-transactional assessments of value’.