How people value species recovery, conference agenda announced, video series on natural capital accounting
- eftec
- Jan 22
- 3 min read
In This Month's Newsletter:
Defra species recovery policies could improve British welfare by £ billions per year
Large-scale study shows people significantly value improvements to species abundance
envecon 2025 Agenda Announced
Annual applied environmental economics conference
New video series on natural capital accounting
The why, what, and how of ISO 14054 on Natural Capital Accounting: with Little Blue Research
Defra species recovery policies could improve British welfare by £ billions per year
Our recent valuation work for Defra helped address a gap in the evidence available to decision-makers on the economic value of species recovery. With our partners (UCL, Countryscape, and Watermelon), we conducted primary research to estimate the value of species recovery outcomes to households in England.
The study shows that individuals are concerned about the current state of nature in England and want to see wild species recovery targets met and that they are altruistically motivated – desiring benefits for future generations, neighbours, and nature itself.
Given the trade-offs between their own budgets and these outcomes, households are found to be willing to pay for improved biodiversity and species abundance in England as much as £5 to £7 billion per year for an illustrative scenario of 100,000 hectares improved.
The research also provides useful information for policymakers in terms of where and how those outcomes are achieved: there was a significant preference for recovery on sites that already have moderate to high levels of biodiversity, or in habitats considered to be rare.
The results are based on a large-scale stated preference survey of 5000 respondents and 15 in-depth focus groups. The groups and survey sample included participation by “future generations” (16-17 year olds) who are often not consulted in such studies. Econometric analysis was then used to estimate the economic value of species recovery for 11 different habitats.
You can read more about this project and access relevant information on our site, here.
envecon 2025 Agenda Announced
UKNEE's annual applied environmental economics conference
This year’s envecon will feature five sessions showcasing the latest in applied environmental economic research, focusing on:
Energy Transition
Climate & Nature
Panel on SEA and Chemicals Policy
Transport Transition
Air & Health
Speakers include established figures in the space, such as Profs Richard Tol and Edward Barbier, as well as up-and-coming stars in the field. The conference will also feature posters, exhibition stands, and plenty of opportunities for networking with a diverse range of attendees from the private, public, and third sectors.
Early bird prices are still available while stocks last and only a few student tickets remain. Online attendance is available also. Further announcements, including the keynote address, will be made in the coming weeks.
Short Videos on Natural Capital Accounting
And the development of the International Standard: ISO 14054, with Little Blue Research
Have a question about natural capital accounting? Or want to be involved in the development of the international standard, ISO14054: Natural Capital Accounting for Organizations?
Our CEO, Ece, recently sat down with Little Blue Research founder, Dr Stephanie Hime, to share their knowledge of natural capital accounting and the development of the standard – which they are both working to develop as the leaders of the working group drafting ISO 14054.
If video isn’t your format, you are welcome to see eftec’s natural capital accounting brochure: available here.
This is incredibly important work quantifying the public's willingness to invest in species recovery provides powerful insights for sustainable policy development. Including younger voices in the valuation study is a particularly forward-thinking step. As with any high-impact research, ensuring clarity and precision in how findings are presented is vital. For those conducting similar complex analyses, a professional Scientific Proofreading and Editing Service can help communicate results with accuracy and confidence to policymakers and the public alike
Being almost at the final stage of a Thesis Publication Help in Canada, I currently work on topics in biodiversity and environmental economics, and can say that this study resonates well with me. It is encouraging to learn that public support in England relates to the values that I'm researching, namely the strong push for species recovery. Of course, I believe that more countries should explore this nexus of nature conservation and national welfare. Looking forward to seeing how these findings will shape future policies, both in the UK and globally.
This update highlights the importance of clear communication in environmental research. For publishing such impactful work, the best Scientific Editing service in UK ensures your message is accurate and compelling.
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How people value species recovery often relies on cultural, ecological, and economic factors. Some communities see it as protecting nature’s balance, thesis writing service while others focus on gifts like tourism or ecosystem services. Public awareness plays a big role in driving conservation efforts. Supporting recovery programs helps preserve biodiversity and maintain the natural systems that support all life on Earth.