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HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
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
• 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
WHAT IS THE OBJECTIVE?
“to be the first generation
to leave the natural
environment in a better
state than it inherited”
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
HELM TALKS: Natural Capital Intro
BOOKS
WWW.DIETERHELM.CO.UK
HELM TALKS: Natural Capital Intro

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HELM TALKS: Natural Capital Intro

  • 4. 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
  • 5. • 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
  • 6. WHAT IS THE OBJECTIVE? “to be the first generation to leave the natural environment in a better state than it inherited”