<<

Valuing Our Natural : The Atkins Approach

GET STARTED

A Guide to Natural Capital Valuation and Our Services Valuing Our Natural Capital: The Atkins Approach Introduction Client Our Adding Case Client Contact Us Challenges Expertise Value Studies Feedback

FIND OUT MORE FIND OUT MORE FIND OUT MORE FIND OUT MORE FIND OUT MORE FIND OUT MORE FIND OUT MORE

A Guide to Natural Capital Valuation and Our Services Introduction STOCK FLOWS VALUE

Natural capital has emerged as the framework of choice for gaining a Natural capital Ecosystem services To society better appreciation of the interlinkages between the economy and the environment. Natural capital has been promoted by the Government in the form of its fagship 25 Year Environment Plan (25 YEP). The plan is ambitious Abiotic services To business and promises to ‘leave the environment in a better state than we found it’, with natural capital featuring at the core. The natural capital approach is particularly relevant in the context of the current climate and emergency.

Conceptually, the approach considers the environment as a series of assets that provide us with free goods and services that support the economy and human well-being (see fgure 1 below). The Government has recognised the natural capital approach as a path forward to green the economy and enhance ecosystem resilience. All this must feature in parallel to an equally ambitious decarbonisation agenda as set out in the Clean Growth Strategy.

Before publication of the 25 YEP, Atkins has been pushing the boundaries of natural capital accounting, economic valuation and through novel approaches, tools and frameworks that articulate value. This guide sets out to identify some of the opportunities for our clients we see in this area; our passion; our expertise; how we add value and some case studies from previous work.

A Guide to Natural Capital Valuation and Our Services Client For our clients, there are three key benefts to a natural capital assessment: 1 BETTER UNDERSTANDING 2 EFFICIENCY 3 IMPROVED STAKEHOLDER Challenges We will provide you with visibility Our approach to valuing natural BUY-IN AND of the natural assets you already capital will enable you to deliver more UNLOCKING FUNDING have or are dependent on so you can outputs for less investment, helping Our work will enable you to present Trying to understand the full breadth understand the value in them and the you to positively contribute to key complex data in a clear way that will increase internal and external buy-in to of our impacts on natural capital is impact of undertaking schemes that government targets; for example, affect them. for protecting properties and schemes by demonstrating the real value challenging due to the complex nature delivering the 25 YEP. from them, helping to unlock funding. of the interactions between people and the environment.

Without a clear understanding of our dependencies and impacts on natural capital, natural assets and the services they supply us with, such as , clean air, a stable climate and recreational opportunities, are often undervalued in decision making. This can lead to poor investment decisions, environmental degradation and risks to human well-being.

Natural capital is shining a light on this issue by explicitly demonstrating the value of our natural assets to society and business. The potential prize is for Government and businesses to more selectively invest in schemes, policies and infrastructure that deliver functionality whilst also supplying wider social and environmental benefts.

By taking a natural capital approach, we enable our clients to understand and mitigate their impacts on the environment. This approach is helping our clients meet pressing challenges like global climate change and biodiversity loss. Importantly, this ensures projects are more sustainable and maximise social value.

A Guide to Natural Capital Valuation and Our Services Our Expertise

We have a deep rooted passion for We combine our skills in economic valuation and We use state of the art approaches and our in house with confdence and enabling better, more informed protecting natural capital and understanding policy with the broader skills of our environmental innovative tools (including Atkins natural capital, Natural environmental and economic decision-making. appraisal, engineering, management, science and Management and SuDS StudioTM tools) for assessing Our conceptual approach follows guidance supplied in the consequences of not protecting the data teams to assess how new policy approaches or and quantifying the economic impact of environmental the HM Treasury Green Book and typically follows the value that our natural assets can bring. Our schemes may impact on the benefts we currently gain changes at various spatialscales, from national and local following stages: natural capital team comprises experts in from the environment. This is important in order to economy, to corporate and scheme level. consider the wider impacts of policy and investment environmental economics and accounting, Our Natural Capital Studio tool provides a rapid decisions and to capture additional costs and benefts and easy-to-understand assessment of impacts on environmental and data science, and that have traditionally been ignored in economic and natural capital. Our tool allows clients to illustrate environmental appraisals. Capturing these ‘unknowns’ ecosystem services assessment. environmental impacts in a clear and visual way, can considerably expand the number of benefciaries assisting non-specialists to grasp complex fndings arising from investments.

OUR APPROACH TO NATURAL CAPITAL ASSESSMENT

STEP STEP STEP STEP STEP STEP STEP 1 2 3 4 5 6 7

Defne the study boundary Determine the variables Document the baseline Estimate the scale Identify the impacted Value the economic impact Perform sensitivity analysis or project scope. considered in the of the area considered. and magnitude of population of these through changes to prices using various scenarios, analysis (e.g. time, environmental change changes through various or willingness to pay (e.g. exploring how valuation interventions, policy arising from the scheme metrics (e.g. number change to house prices, estimates change. change, etc). or policy option in of people impacted, number of recreation trips conjunction with the number of houses, made, heath treatment variables considered. changes to GDP, etc). costs, local economic productivity, etc).

A Guide to Natural Capital Valuation and Our Services Our Expertise: key services

We work with a range of public and private sector clients on a broad spectrum of projects. Our previous clients include utility companies, NGOs, government departments, local authorities and developers. At Atkins we believe in and promote collaborative partnership working. At Key services offered include the following: the core of our approach is stakeholder engagement and working with others › Economic appraisal and cost- › Environmental Impact Assessment › Climate fnance and climate futures as part of a broader, interdisciplinary beneft analysis team. Combining our broad portfolio of › Biodiversity and environmental › Catchment management services and skills allows us to deliver › Ecosystem services assessment and net gain assessment › maximum value for our clients. natural capital accounting in a variety Green infrastructure design › of contexts Advice on novel market-based and appraisal approaches such as reverse auctions

A Guide to Natural Capital Valuation and Our Services //// Adding Value

Atkins provides added value through As a discipline, environmental economics has been three core mechanisms: a suite of criticised for siloed working that fails to engage bespoke tools for capturing and valuing stakeholders outside the economic community. Outside Atkins, we engage with stakeholders environmental change in different across a variety of disciplines to work in contexts; interdisciplinary working across partnership on complex projects. Within Atkins, our full spectrum of environmental our environmental economists work seamlessly services and long-standing experience with our other experts to create the right team delivering value for clients. for each project. This means we have access to staff specialising Our natural valuation tool (Natural Capital Studio) in , food risk management, all aspects has been developed in collaboration with our of environmental appraisal, GIS and catchment digital analytics team to provide rapid valuation management for truly interdisciplinary project of benefts at multiple working that helps us deliver tailored natural spatial and temporal scales. In conjunction, our capital assessments focussing on specifc client SuDS StudioTM and NFM Studio tools enable interest areas. us to identify and value strategic sustainable drainage system, natural food management, We have longstanding client relationships and management, blue-green infrastructure design have delivered numerous projects in the feld of and other opportunities in both rural and urban natural capital and environmental economics. This areas/settings, to inform investment decisions. breadth of experience has provided us with a deep We understand the importance of integrating understanding of what is necessary for successful both qualitative and quantitative analysis into the project delivery and how we can best support our decision-making framework, making best use of clients through natural capital valuation. available data and information.

A Guide to Natural Capital Valuation and Our Services //// Case Studies MEDMERRY NATURAL A14 NATURAL CAPITAL SCOPING STUDY CAPITAL ASSESSMENT ASSESSMENT FOR IMPLEMENTING Below we provide a selection (ENVIRONMENT AGENCY) (HIGHWAYS ENGLAND) A NATURAL CAPITAL APPROACH of recent case studies demontrating our natural TO INVASIVE NON-NATIVE SPECIES capital experience. (INNS) MANAGEMENT (DEFRA)

READ MORE READ MORE READ MORE

ECONOMICS OF SUDS STUDIO MULTIPLE NATURAL CAPITAL SPAINS HALL ESTATE - CATCHMENT MANAGEMENT BENEFITS ASSESSMENT AND BIODIVERSITY NET NATURAL FLOOD (THAMES ) (ANGLIAN WATER, UNITED GAIN ASSESSMENT OF MANAGEMENT, UTILITIES AND AN ELECTRICITY NATURAL CAPITAL & SCOTTISH WATER) DISTRIBUTION SITE BIODIVERSITY NET GAIN (NATIONAL GRID) (SPAINS HALL ESTATE)

READ MORE READ MORE READ MORE READ MORE Case Studies

Medmerry Natural Capital Assessment (Environment Agency)

Client challenge Our approach The natural capital approach Medmerry Managed Realignment Scheme, Using an in-depth value transfer study of the scheme, “taken also highlights opportunities “ constructed between 2011 and 2013 at a cost we estimated the value of ecosystem service impacts of £28m, is the largest of this type of scheme to of the scheme other than food protection to be £3m be undertaken on the open coast in Europe. As per year, with a present value of £90m over 100 to enhance the benefts of food well as protecting homes, businesses and critical years. Our study demonstrated that the standard schemes to people. infrastructure from fooding and storm events, the business case may have signifcantly underestimated scheme has created around 183 hectares of new the wider environmental benefts of the scheme. intertidal habitat, now managed as an RSPB reserve. Intertidal habitat, including saltmarsh, is generally Positive outcomes accepted to deliver a wide range of benefts With increasing pressure on limited food protection (commonly termed ‘ecosystem services’) to society, funds at a time when the frequency and intensity of including biodiversity, food defence, recreation, food events is growing due to climate change, there and provision of nursery is a need to prioritise investment. Existing approaches habitat for juvenile fsh. used to undertake an economic appraisal of potential The wider benefts of food schemes are often schemes do not typically consider the full range of poorly valued within economic appraisals. Without impacts on ecosystem services and natural capital. an attempt to value such services in monetary To ensure that food schemes deliver the best value terms, the value can be taken as zero, which means for money, there is a need to adopt new valuation that beneft-cost ratios may not include the full approaches that enable these wider impacts to be range of impacts. accounted for. The natural capital approach taken also highlights opportunities to enhance the benefts of To support the ‘mainstreaming’ of ecosystem food schemes to people; for example, through habitat services and natural capital assessments within creation and providing access to sites for recreational for Flood and Coastal Erosion Risk Management and educational purposes. (FCERM), we undertook an assessment to value the ecosystem services impacts of the scheme. Our study aims to support the Environment Agency in We produced a concise and accessible report that incorporating more holistic valuation approaches into enables others to replicate and learn from the cost-beneft analyses and economic appraisals for food approaches used. schemes. Being able to demonstrate the value of habitat creation and management of the Medmerry RSPB reserve will also enable the RSPB to advocate for the creation and protection of similar sites in the future. Medmerry Managed Realignment Scheme

A Guide to Natural Capital Valuation and Our Services on the south coast of England. Case Studies

A14 Natural Capital Assessment (Highways England)

Client challenge From these overarching asset types, we mapped CHANGE IN ECOSYSTEM SERVICES AFTER SCHEME – ANNUAL the fow of ecosystem service benefts arising One of Highways England’s key objectives for from the scheme. These were subsequently the A14 Cambridge to Huntingdon Improvement monetised to reveal how changing (from £1,000,000 Provisioning services Scheme is enhancing the environment and before to after scheme) could add value across a creating a positive legacy for the region, all whilst range of services, including recreation, carbon, air £800,000 Regulating services delivering a major improvement to transport links quality and biodiversity. Cultural services in the area. £600,000 Positive outcomes Our approach Our economic analysis highlighted the variation £400,000 Highways England commissioned the Atkins in the contribution of the various habitat types CH2M Hill Joint Venture (ACJV) to undertake and sites to ecosystem services provision and a natural capital valuation of the A14 scheme £200,000 ultimately wider net benefts of the scheme. This habitat creation areas, funded by the A14 legacy revealed that of those quantifed, recreation is by programme. Six borrow pits were identifed as £0 far the most valuable service supplied from the sources of for road building and these habitat creation programme, though arguably this will subsequently need restoration after use. £200,000 is limited to areas of the scheme which include FOOD Most of the areas will be restored to mosaics WATER public access. As it was not possible to assign AESTHETIC AESTHETIC AIR QUALITY AIR QUALITY of wetland, woodlands and other habitats that RECREATION POLLINATION a monetary value to all categories, the results BIODIVERSITY EROSION COST EROSION COST QUALITY WATER maximise social as well as ecological value. MATERIALS RAW are likely to underestimate the true value of the NOISE REGULATION NOISE REGULATION

habitat creation. REGULATION CLIMATE

The assessment was undertaken using Natural OF FLOWS REGULATION Capital Studio (Atkins’ natural capital and ecosystem services valuation tool). Using the draft designs available in 2018, we estimated the The output dashboard from our Natural Capital likely type and extent of various habitat types, Studio tool applied to the A14 case study. taking an asset-based approach.

A Guide to Natural Capital Valuation and Our Services Case Studies

1 Scoping study for implementing a natural capital approach Identify the natural capital Based on ONS National asset base (e.g. wetlands) Natural Capital accounts to invasive non-native species (INNS) management (Defra) Periodically review the impact accounts

Client challenge Positive outcomes 2 Map the INNS ecosystem Document INNS of notable impact impacts (e.g. out competing Partial synthesis of cost and beneft information We recommended taking a two-part approach to native species) regarding INNS management hinders our pilot a natural capital framework for INNS control understanding of the impacts of INNS on societal and management. The schematic approach we Stakeholder workshops and literature review welfare. Better appreciation of these costs is recommended is noted in Figure 1. The approach necessary so the Government can implement we identifed takes a regional focus to be 3 Map impacts to provisioning, cost-effective policy options. consistent with the 25 Year Environment Plan and regulating and cultural services allows the pressures on natural capital stocks and Our approach fows to be appreciated regionally and according Identify species specifc to different asset types. control measures We conducted a two-phased scoping study for 4 Defra, mapping out a natural capital approach for This is important to ensure the approach can be Monetary valuation of annual Sp & RP valuation / market 2 managing INNS in the UK. The frst phase of the complemented by cost-effectiveness analysis impacts per km prices / cost-based approaches project employed a quick scoping review (QSR) to to identify the best interventions to control / identify the main ecosystem service and economic eradicate INNS that maximises societal benefts. impacts of INNS in the UK and methodologies to Additionally, we suggested decision making could document the non-market impacts of INNS and 5 Aggregate total econimic be further improved through more complex Estimate the annual species – CIS Landcover Map 2015 impact (UK) across all services the control costs for eradication/prevention. The specifc control costs per km2 Database scenario analysis to identify how a change in the using a regional approach second phase of the project explored the viability abundance of some INNS (e.g. relative to climate of employing a natural capital approach to inform change) may impact the state of natural capital. the policy and management strategies for control and eradication of INNS. 6 Identify most cost-effective control options and regional deployment priorities

Decision-support framework we developed for managing INNS in the UK using a natural capital approach.

A Guide to Natural Capital Valuation and Our Services Case Studies

Economics of catchment management (Thames Water)

Client challenge Our approach As well as monitoring water quality changes, we Positive outcomes undertook desk-based modelling of P reductions Thames Water is exploring the use of catchment We have been leading a fagship fve year trial for and combined this with feld-scale monitoring data We have produced a case study book of each farm management approaches to reduce phosphorus (P) Thames Water to explore the viability of alternative to estimate farm-specifc changes in P losses, to participating in the trial, alongside a higher-level concentrations in the River Evenlode. This is because approached to reducing P concentrations by assess the overall cost-effectiveness of the approach economics report for the scheme. Beyond farm-specifc traditional treatment approaches to reducing P investing in solutions in contrast compared to more traditional treatment. In addition, factors, our report explored the likely change in the costs of concentrations and improve biodiversity are typically to traditional end of pipe treatment at wastewater to inform a cost-beneft analysis of the scheme we transitioning from a pilot scheme to full implementation so expensive, and the company is interested in alternative treatment works. As part of the trial, we have been also valued the wider co-benefts of implementing Thames could make a like-for-like comparison with end- approaches that may be more cost-effective and working with farmers to implement and explore the land management measures (e.g. for biodiversity and of-pipe solutions. The economic analysis also considered deliver better value for customers. effectiveness of over 40 different land management food risk) using our natural capital assessment tool, factors that infuence P reduction potential, as well as an measures (e.g. fencing, construction of wetlands and Natural Capital Studio. assessment of the additional benefts each scheme might swales and reversion of to grassland). provide such as biodiversity, natural food management, water quality amelioration or carbon sequestration.

3. Arable land maintained outside foodplain 2. New wetland habitats

5. Buffer strips separate the river from 4. Reversion to grassland within foodplain agricultural land

An example of the different measures being introduced in the 1. Monitoring parts of the river for Evenlode catchment to improve the quality of runoff fowing changes in P concentrations into watercourses.

A Guide to Natural Capital Valuation and Our Services //// Case Studies

SuDS Studio multiple benefts assessment (Anglian Water, United Utilities and Scottish Water)

Client challenge Positive outcomes The water industry has been exploring more This work demonstrated that, even under a sustainable ways to manage to pessimistic up-take scenario, for some SuDS improve effciency and reduce fooding. In addition, schemes a cost beneft ratio of 1:5 can be Street tree planting many companies are trying to solve these attained. Additionally, we suggested that the challenges through more partnership working water companies may further this work by with local authorities. conducting full-depth damage appraisals that could be used as a vehicle to unlock joint funding Our approach with local authority partners. Further discussions We have supported three water companies to with food risk management offcers at the council consider, at a multi-catchment scale, the economic, confrmed several potential schemes that could social and environmental benefts of Sustainable beneft from this multi-agency approach. Loading bay with Drainage Systems (SuDS) and Green Infrastructure permeable paving solutions. We applied our SuDS StudioTM tool to assess the opportunities to retroft SuDS across the catchments and the potential reduction in property damages from fooding. The tool also contains a multiple benefts add-on which was used to assess the co-benefts associated with implementing SuDS (e.g. provision and enhancement of green space for recreation, air quality improvements and carbon benefts). Our assessments identify garden additional benefciaries, which can help to unlock co-funding opportunities and partnership working.

A Guide to Natural Capital Valuation and Our Services //// Case Studies

Natural capital and biodiversity net gain assessment of an electricity distribution site (National Grid)

Client challenge for high importance habitats, such as woodland. Alongside this, wider ecosystem services that could be provided, National Grid (NG) have set targets to achieve a net such as fow regulation and climate regulation (including gain in environmental value on their major construction carbon sequestration), were considered. projects including a minimum of 10% Biodiversity Net Gain (BNG). Atkins were tasked to undertake a BNG Natural capital was valued using Atkins’ natural capital assessment of a single site, which included a calculation valuation tool – Natural Capital Studio. This provided of the current biodiversity units of the site, as well as quantifcation and monetisation of potential ecosystem providing three post-intervention scenarios along with service provision for each scenario. High level costing indicative costs. The NG site in south west England was also calculated based on likely implementation and consists of an operational substation surrounded by a maintenance costs of proposed habitat enhancements non-operational area of modifed agricultural grassland, in order to achieve BNG gain goals. This allowed for an providing an opportunity to explore scenarios to improve approximate cost-beneft assessment to be drawn. and enhance biodiversity across the site in line with their environmental target. The assessment also Positive outcomes presented an opportunity to integrate wider natural Our approach highlighted the interlinkages between BNG capital improvements within the BNG improvement and natural capital, through ensuring joined up thinking scenarios, through assessing the current monetary value with designs focussing on BNG and ecosystem services of ecosystem services on the site, as well as providing provision at the same time, thereby providing added value a value of the services delivered in each of the post- to the client. The assessment was able to demonstrate intervention scenarios. to National Grid, as a large landowner, that their non- Our approach operational land assets can provide an improvement to biodiversity in tandem with improvements to wider Atkins assessed BNG across the non-operational area ecosystem services through a change in land use. of the high voltage electricity distribution site using the Our work demonstrated that these types of land use Defra Biodiversity Metric 2.0 Calculation Tool. This was improvements can deliver multiple positive outcomes, completed for the baseline habitats as well as the three such as fnancial gains through the provision of post-intervention scenarios. The scenarios were designed biodiversity offsetting and carbon trading beneftting their focussing on biodiversity improvements, including customers and shareholders, as well contributing to both identifying potential habitat connectivity and opportunity the biodiversity and climate change emergencies.

A Guide to Natural Capital Valuation and Our Services //// Case Studies

Spains Hall Estate - Natural Flood Management, Natural Capital and Biodiversity Net Gain

Client challenge sequestration, water purifcation, food risk, erosion and recreation. The assessment provided the quantifcation of The Spains Hall Estate (Essex) scheme proposes land ecosystem fows alongside monetary values, such as tonnes management changes including agroforestry, Natural Flood of carbon sequestered prior to and after implementation of the Management (NFM) and beaver release with the aim to scheme. enhance ecosystem services delivery across the landholding. The Spains Hall Estate has worked in partnership with The assessment included detailed GIS mapping of the Estate Atkins, the Environment Agency, Essex and Suffolk Rivers using OS Mastermap, the Crop Map of England (CROME), Trust and Essex Trust to deliver a Natural Flood Natural England’s Priority Habitat Inventory (PHI), the National Management project that will reduce the risk of fooding Tree Map and Scimap. The mapping and assessment were to the village of Finchingfeld. The NFM project is working enhanced by detailed management change designs, local within the upstream catchment of the village, testing two site-specifc data and knowledge provided by imperative very different NFM measures on the two tributaries that collaboration with the Estate. meet upstream of Finchingfeld: man-made leaky dams and beaver reintroduction. Positive outcomes

We completed an account of the current natural assets The scheme highlighted the importance of local stakeholder along with an assessment of the proposed land management engagement and site-specifc data collation and collection changes and interventions across the site has been to fully understand the way land is managed, and its completed by Atkins. The scheme and assessment will help implications for ecosystem service provision. The extent of shape future estate plans and project ideas, provide better the benefts provided by NFM and nature-based solutions visibility of the potential for environmental markets and help was highlighted alongside the value of natural capital and build a business case for . BNG. The increase in biodiversity benefts were the most signifcant recorded with the results providing a key part of Our approach the evidence basis for the Estate’s successful application to join Natural England’s Biodiversity Net Gain credit pilot. We delivered a Natural Capital Account of the current assets and assessment of the ecosystem value after the land Furthermore, the approach adopted by the landowner has management changes, including specifc assessment of the signifcant potential to act as an educational springboard biodiversity net gain (BNG) the changes will provide. The to encourage other landowners locally, regionally and infuence of the NFM and land management changes were nationally to adopt similarly ambitious changes to their assessed using Atkins’ Natural Capital Studio tool alongside land management. bespoke approaches to derive values for biodiversity, carbon

Image courtesy of Russell Savory A Guide to Natural Capital Valuation and Our Services Client Feedback

Atkins’ study has enabled The project team in particular provided an Thank you to your team for providing such a London Wildlife Trust to demonstrate the excellent service for this project. We have a compelling natural capital and Biodiversity economic value of a unique urban strong relationship with Atkins where both Net Gain appraisal. In terms of preparing the to our funders, supporters and policy makers. organisations work hard to understand each bid to join Natural England’s Biodiversity Net other’s aims and objectives. The project Gain Credits Pilot those impact metrics were The innovation of the ecosystems valuation involved innovative work into an R&D project key to being able to demonstrate a degree of approach has enabled London Wildlife Trust to for us. The team consistently showed a sophistication that otherwise we would have take the frst steps in securing Camley Street’s willingness to engage external partners to struggled with. I very much look forward to future; the study is a key piece of evidence for a further the aims of the project. some future opportunities to work together on large capital fundraising strategy to construct this or other projects. new visitor facilities at the Park, ensuring the park’s longevity and creating a more sustainable Kings Cross through the ecological and social Nick Gray, Area Flood and Coastal Risk Manager benefts it brings. at the Environment Agency, in relation to the Medmerry natural capital assessment Spains Hall Estate

Director of Conservation, London Wildlife Trust, in relation to the ecosystem services valuation of Camley St Natural Park The ecosystem service assessment will be proposed project in the round. This has helped extremely useful to help us to identify potential us to communicate the value of the scheme to funding opportunities for the scheme. It will also the landowners and other interested parties It’s been a pleasure working with Atkins and I help to demonstrate to potential funders reasons who may otherwise only be concerned with a felt the project was in good hands. for investing. The approach provides a helpful much narrower aspect of the project. assessment of the value of the site and the

Crane Valley Partnership, in relation to the team’s natural capital work on the Lower River Crane Lizzie Rhymes, Project Manager at the Environment Agency, in relation to Atkins’ Restoration project natural capital assessment of the Ockwells Park scheme

A Guide to Natural Capital Valuation and Our Services Get in Touch

Claire Wansbury Monica Barker Jonathan Nichols Associate Director, Ecology Senior Environmental Consultant Senior Environmental Consultant Infrastructure, UK & Europe, Ecology Phone: +44 1372 75 6506 Phone: +44 1372 75 2236 Phone: +44 20 7121 2631 Email: [email protected] Email: [email protected] Email: [email protected]

EMAIL EMAIL EMAIL

A Guide to Natural Capital Valuation and Our Services