History

1992:

Started by two graduates from University College London MSc on Environmental Economics and Natural Resource Management; with Professors David Pearce and Kerry Turner as patrons.


1998:

The first stated preference study for a water company to estimate the impact of changing water levels in River Ouse (Yorkshire)


2001:

The first study on economic concept of damage and cost benefit analysis to draft the EU Environmental Liability Directive


2002:

The first stated preference study to measure the economic value of bathing waters in the UK


2004:

The UK Network for Environmental Economics and the first annual applied environmental economics conference

The first review of ecosystem services as a concept for use in UK environmental policy


2010:

The first (and to date the only) official UK guidance on value transfer


2016:

The first organisational scale Corporate Natural Capital Accounts for the Forest Enterprise England


2017:

The most comprehensive and quantitative review of the impacts of REACH Authorisation (soon to be published)