A refreshed focus on nature’s economic value

January 29, 2021

BloombergNEF’s recent article, ‘Pricing Nature Buoys Recovery, Averts Commodity Collapse’, looks at the “refreshed focus on nature’s economic value” that might be able to “help restore ecosystems, replenish supply chains and improve the well-being of all species, humans included.” The piece takes a global approach, examining how authorities across the world are attempting to recover natural assets.

In terms of the UK, one regulation that might assist with this global recuperation is the Environment Bill, which will come into effect soon. The Bill will require property developers to achieve a 10% biodiversity net gain on new development sites, creating a market from those seeking to offset their impact elsewhere. BNEF spoke to Jon Davies and Stephanie Wray, directors of RSK Wilding, RSK’s rewilding business, who are able to generate biodiversity credits for property developers and other companies seeking to have a positive impact on biodiversity.

‘“Our role is to be a matchmaker between landowners who need an income and developers who need these offsets,” Jon told BNEF. Segments of land are assigned a ‘biodiversity metric’ based upon the area of land in question, how valuable or distinctive it is, and the condition it is in. These units are then used “to compare different sites, and the same site before and after development”, to work out the level of biodiversity gain or loss. Any residual impact can then be offset elsewhere through purchasing biodiversity credits.’

“Market demand for biodiversity offsetting is likely to increase from being seen as just a property issue with more companies considering their biodiversity impacts alongside their carbon issues. This focus may well increase following the CoP15 Convention on Biological Diversity, to be held in China later this year,” added Stephanie Wray, RSK Wilding Director.

Subscribers can read the article in full on the BNEF website.

RSK Wilding is an exciting new venture on a mission to use rewilding as a means of offsetting our clients’ carbon and biodiversity impacts whilst also having other environmental and social benefits. RSK Wilding is a multidisciplinary team bringing together an unrivalled breadth of expertise in biodiversity, land management and climate science from across the RSK group of businesses to help leave a lasting legacy for UK biodiversity, the environment and the climate.

In partnership with clients, landowners and other stakeholders, RSK Wilding will restore some of the UK’s landscape to the natural, biodiverse and wild place it used to be, connecting existing protected areas. By doing this, we will be playing our part in leaving a better legacy for future generations…

To find out more visit rskwilding.com or contact wilding@rsk.co.uk.

👏 Grace Kassimoto is the only acoustic specialist from and working in East Africa.

💚 In our latest #ADayInTheLife, she discusses how she is leading the way for women in a traditionally male-dominated industry and what she enjoys most about her role.

Read her story in our bio!

#Acoustics #Environment #WomenInStem #Engineering #Leadership #Africa

📢 We are proud to sponsor the #GreenEnergyAwards 2022, an event organized by Scottish Renewables

🏆 This ceremony aims to recognise the inspirational organisations, people and projects going above and beyond to make a real difference to the health, wealth, and wellbeing of Scotland

We can't wait to see you there!

📅 1st December 2022
📍 Edinburgh

#RenewableEnergy #Renewables #Scotland #Energy #GreenEnergy #Awards

📸 #selfiesonsite 🤳

Tom Peart, Principal Surveyor at @centara_ltd, out on-site in Rotherham.

Want to join our team? View our latest opportunities 👉 www.rskgroup.com/careers

#RSKgroup #behindthescenes #meettheteam #RSKfamily #RSKonsite #culture #construction

🐟 Concern was recently raised in France with regards to the health of marine ecosystems.

📌Join RSK France's webinar, in collaboration with law firm Franklin and TechWorks Marine, to discuss the sustainable support of renewable energy in the marine environment.

Register now in our bio!

#RenewableEnergy #Environment #Marine #Nature #Compliance #Energy #GreenEnergy

📢 November is a month dedicated to men’s health.

🌍 On November 19th, we celebrated #InternationalMensDay, a global holiday that highlights the positive value men bring to the world.

🤝 This year, men around RSK are taking part in #Movember, an initiative that involves growing a moustache during November to raise awareness of men’s health issues.

💚 We want to thank Greg Cole, James May, Jiano Pulickal, Matthew Bayliff, Maxwell Robinson, Sam Oakley, Tom Llewellyn, Tom Semmens and Yusuf Aoulad-Ali for participating in this great initiative!

#Wellbeing #MensHealth #MentalHealth #WorkCulture #Culture

😮 “The UK is one of the most nature-depleted countries in the world. Building with Nature can help clients understand how they can utilise best-practice green infrastructure solutions to deliver developments that are better for both people and nature.”

👏 In the November edition of our #employeespotlight, we spoke with Joanne Mayneord, Senior Landscape Architect at @stephensonhalliday, who has recently been certified by Building with Nature as an Approved Assessor.

Read more in our bio!

#Environment #Nature #Sustainability #Landscape #Planning #Environmental