Nature offers a great return on investment according to new report
9 Jun 2014 04:12 PM
A new report
demonstrating that investment in the environment offers excellent value for
money has been published by Natural England.
The report, ‘Microeconomic
Evidence for the Benefits of Investment in the Environment’ (MEBIE 2),
assesses the evidence across a wide range of themes, including economic growth,
health, social cohesion and resilience to climate change. Presented in an
easily accessible format, the evidence meets national Government standards for
decision making and will be of particular interest to anyone involved in land
use planning or management.
The growing evidence base
demonstrates:
-
The natural environment provides
physical health benefits improving air quality, noise and temperature
regulation, and reduces the impacts of extreme weather.
-
Pleasant natural environments
reduce stress and restore people’s ability to concentrate, as well as
providing attractive locations for walking and cycling. Improved physical and
mental health outcomes increase productivity, and reduce healthcare
costs.
-
Investment in nature can, in
some contexts, offer better value for public investment than ‘hard
engineering’ by providing services such as water filtration, water
quality and flood defences.
-
The restoration of some natural
habitats, such as forests, peat bogs and saltmarsh can remove significant
amounts of carbon from the atmosphere.
-
It can help to make both the
cities and the countryside more resilient to climate change. Trees and
vegetation provide shelter from cold winds (reducing heating requirements),
cool the air in summer through shade and transpiration and reduce the risk of
local flooding by helping water infiltrate the ground.
-
Visits to the natural
environment are important to people’s leisure time and to the tourist and
recreation economy.
-
Investment in the environment
improves the quality or our living and working spaces - attracting business and
investment and contributing to the local economy.
Andrew Wood, Natural
England’s Executive Director for Science, Evidence, said: “The
interdependence between the natural environment and the economy is often taken
for granted or not fully understood. The MEBIE 2 report sheds light on
this relationship and I hope will encourage local decision makers to take full
advantage of what this connection can offer for people and wildlife
alike.”
NERR057 - Microeconomic
Evidence for the Benefits of Investment in the Environment 2 (MEBIE2) can be found on
Natural England’s publications catalogue.
ENDS
Notes for
Editors
For media queries, please
contact Ellen Softley, Natural England’s Press Office. Tel: 0300 060 0213
e-mail:ellen.softley@naturalengland.org.uk
1. About The
Microeconomic Evidence for the Benefits of Investment in the Environment
(MEBIE)
-
The original MEBIE report – launched in
spring 2012 – provided a wealth of information the environment’s
contribution to economic welfare and growth. It supported Defra’s Natural Environment White Paper
(2011), which aims to
“mainstream the value of nature” and properly take account of the
social and economic benefits it provides.
-
MEBIE has consistently been one
of the most downloaded publications on Natural England’s website and has
been accessed by thousands of readers. It is referenced on a range of national
and international external websites including Public Health England, the
European Centre for River Restoration and the International Institute for
Sustainable Development.
-
MEBIE 2 is an update of the
existing report, which has been extensively revised to provide a summary of the
existing evidence for economic benefits of environmental investment. It
is presented in an easy-to-use format and chapters can be downloaded
individually. It includes over one hundred new pieces of evidence, with new
information on consumer spending, pest control and pollination
services.
-
The literature review only
includes evidence which meets national government standards, so evidence can be
used with confidence.
-
The report highlights the
importance of the environment to people and demonstrates that the evidence base
continues to grow. It will be of particular interest to anyone involved in land
use planning or management, particularly Local Authorities and Local Enterprise
Partnerships.
2. About Natural
England
Natural England is the
government’s advisor on the natural environment. Established in 2006, our
work is focused on enhancing England’s wildlife and landscapes and
maximising the benefits they bring to the public. For further information see
Natural England’s website.
Twitter:@NaturalEngland