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

4.
BOOKS
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