15 Accepted

Within the National Food Strategy the Government should consider how a natural capital approach could...

Recommendation
Within the National Food Strategy the Government should consider how a natural capital approach could be adopted without placing a disproportionate financial burden on farmers or consumers.
Government Response Summary
The government accepts the recommendation, stating it recognizes the role of natural capital in agriculture and is funding research projects to better understand its impacts in the sector, a step towards considering its adoption.
Paragraph Reference
56
Government Response
Accepted
HM Government Accepted
A natural capital approach helps decision-makers understand the economic value of the benefits we receive from the natural world, so that its value is properly accounted for alongside other considerations. The government recognises the role of natural capital in valuing agricultural products and is funding research projects to better understand the natural capital impacts in the agricultural sector.
Timeline
Recommendation age 4.8 yrs
Report published 30 Sep 2021