Assessing the economic benefits of maintaining natural capital on farms

This project will develop a methodology for assessing the impacts of biodiversity conservation activities on agricultural productivity, profitability and sustainability under a changing climate, using a number of case studies as test cases.

Although there is anecdotal information about the benefits of biodiversity conservation activity on agricultural productivity and profitability, there has been little systematic analysis or empirical research to demonstrate these benefits.

By developing a methodology within which indirect, long-term benefits can be calculated, the project will support awareness of the private economic benefits that may derive from biodiversity conservation. This, in turn, may support the rationale for biodiversity conservation funding into the future and encourage more voluntary uptake of NRM on private lands.

More detail is available in the project flier.