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Presentation on ecosystem services for Leaf President's Day, Canary Wharf, London, 5 November 2013 on Valuing Ecosystem Services
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Charles CowapMBA MRICS FAAV
Valuing Ecosystem Services
Can farmers benefit?
How can LEAF help?
Sustainable Agriculture: show me the money
LEAF President’s Event
5 November 2013
Charles CowapMBA MRICS FAAV
Peat’s Story
Charles CowapMBA MRICS FAAVThe mires on Exmoor
Drainage for agricultural improvement
Charles CowapMBA MRICS FAAVDomestic and commercial peat cutting for fuel
Cutting carried on until the end of the c20th
Charles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVContext: Exmoor example
Exmoor
R Barle
R Exe
Wimbleball Resr & River Haddeo
ExebridgePumping Station
Replenishment PumpingApprox 5 miles, lifting water from 120 to 240 m AOD
CO 2
Charles CowapMBA MRICS FAAV
New land management and valuation requirements are emerging
New markets
New challenges to professional practice
New environmental, social and economic opportunities and challenges
Charles CowapMBA MRICS FAAV
Defra 2013
Payments for ecosystem services: a Best Practice Guide
Published May 2013https://www.gov.uk/government/publications/payments-for-ecosystem-services-pes-best-practice-guide
Charles CowapMBA MRICS FAAVThinkpiece
• Royal Charter– Promote the usefulness
of the profession to public advantage
• New opportunities in land management
• New ways of working in development
• New points to reflect in conventional valuations
• New types of valuation
Charles CowapMBA MRICS FAAVOld Ways with Land
FOOD
TIMBER
SPORTING
MINERALS
DIVERSIFICATION
DEVELOPMENT
ENVIRONMENT
SUSTAINABLE
EN
VIR
ON
ME
NT
AN
D
SU
STA
INA
BIL
ITY
INCOME
COSTS
Charles CowapMBA MRICS FAAVNew Ways with Land
NATURAL CAPITAL
PROVISIONING SERVICESFoodFibreEnergyTimber
REGULATING SERVICESCarbon cycleWater cycle
SUPPORTING SERVICESPollinationSoil Formation
CULTURAL SERVICESRecreationInspirationCreativityReflection
EXISTING MARKETS
PUBLIC SUPPORT
NEW MARKETSPESBiodiversity offsettingCarbonConservation covenants
Charles CowapMBA MRICS FAAV
New Ways of Working• New forms of appraisal• New opportunities• New values• New ways to collaborate• But will farmers be
entrepreneurial enough?• A new paradigm: farmers
as ecosystem entrepreneurs …… ?????
Charles CowapMBA MRICS FAAVContact Details
In-house CPD programmes, professional-technical updates, organisational consultancy, and more:
07947 706505
Twitter: @charlescowap
Blog: http://charlescowap.wordpress.com/
Slideshare: http://www.slideshare.net/cdcowap
Translating new knowledge for rural professional practice
www.harper-adams.ac.uk