The Country Land and Business Association Midlands held three Natural Capital Roadshows in Warwickshire, Derbyshire and Shropshire last week seeing members and guests attending.
Defined as ‘the elements of the natural environment that provide valuable goods and services to society’, attendees gained a better understanding of the possibilities associated with Natural Capital.
The events included presentations by expert speakers from the CLA, Irwin Mitchell, Carter Jonas and the Forestry Commission discussing the development of environmental markets and how landowners and farmers can take advantage of current and future opportunities.
With potential funding of over £3.5 billion per year from the government and private sector, there could be significant opportunities, as well as associated risks.
Information covered included available funding through government schemes; what the main private sector opportunities are; do the economics stack up and the legal and tax implications with illustrative case studies.
What a way to kick off the new year! It was great to meet so many members and guests interested in Natural Capital and looking to gain further information on whether it would be viable for their businesses
Our next technical events are the Planning and Development Seminars which will take place in April. Keep an eye on the CLA website for further information.