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HELM TALKS: Natural Capital Intro

  1. 1. THE 25 YEAR PLAN IN PRACTICE Natural Capital Committee Advice to Government on the 25 Year Environment Plan Sep 2017 THE PRIZE THE INVESTMENTS THE MILESTONES AGRICULTURE & FISHERIES GOVERNANCE CATCHMENTS URBAN AREAS
  2. 2. • Reproduced for ever at zero cost • Value open-ended • Thresholds define minimal • Benefits define optima WHAT NATURE GIVES US FOR FREE RENEWABLES Non RenewablesNON RENEWABLES RENEWABLES AND NON RENEWABLES • Only used once • Optimal depletion rate • Treatment of economic rents • Taking externalities
  3. 3. WHAT IS THE OBJECTIVE? “to be the first generation to leave the natural environment in a better state than it inherited”
  4. 4. BOOKS WWW.DIETERHELM.CO.UK

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