How do we account for biodiversity?
- What do we need to know to safely store CO2 beneath our shelf seas?
- How can maritime shipping transition to green ammonia as fuel?
- How do we scale up Nature-based Solutions?
If the UK is to meet its own and international biodiversity targets, it needs to be able to properly measure the impact of economic development projects on biodiversity. It also needs to be able to deliver social welfare benefits alongside nature restoration, as well as balance trade-offs between commitments to economic development and biodiversity improvements.
This balancing of trade-offs requires an understanding of how to measure biodiversity impacts, and how to balance biodiversity improvements with the social and economic welfare of people affected by them. This will help to enable landscape-scale planning that supports both biodiversity and local communities. This Sprint is addressing these questions by exploring four key elements: biodiversity, social welfare, spatial modelling, and scenarios for development.
The Sprint focuses on the Bernwood, Otmoor, and Ray region as a case study site. The project area spans the Buckinghamshire, Oxfordshire border and is approximately 300km2. It is a landscape where nationally important economic development is taking place, putting the region’s habitats and wildlife at risk. The area project sits entirely within the OxCam Arc for growth and development and holds strong options for further (large scale) habitat improvement.
This Sprint supports an integrated approach to renewing and restoring nature in a socially just way, in the context of economic development activities, working directly with HM Treasury and the Department for Environment, Food and Rural Affairs.
Why this Sprint? Why now?
The Sprint supports HM Treasury’s Biodiversity Working Group, which is currently updating its guidance for the assessment of all public sector spending to account for biodiversity. It will provide the first implementation of this new guidance into practice.
From the Environment Act 2021 to individual commitments made at COP26 in Glasgow, the UK government and businesses are making big commitments to restore and protect nature. A large part of these commitments involves delivering ‘biodiversity net gain’ (BNG) and setting targets to ensure the recovery of Britain’s wildlife species (including the rare bats, birds and butterflies found in our field site). Our Sprint is improving our understanding of how to deliver BNG, while respecting local perspectives and enhancing their opportunities to benefit from nature.
This Sprint also follows close on the heels of, and supports the real-world implementation of, the Dasgupta Review into the Economics of Biodiversity, delivered to the Government in February 2021.