Both three-year projects are investigating how natural capital (geology, soil, air, water and living things) can be best managed to benefit the environment, economy and people. Led by Natural England and the Marine Management Organisation, the projects involve multiple national and local partners, including government agencies, universities, NGOs and the private sector. The land-based project is trialling new approaches to manage farmland, natural habitats, watercourses, coasts and urban environments in a better way for people and nature. After mapping existing sources of funding, it will identify where investment in natural capital is most needed and take action to secure new investment.
A similar approach is being taken by the marine pioneer which is testing new tools and methods for applying a natural capital model; demonstrating integrated planning and delivery and seeking to trial and ‘scale-up’ the use of new funding opportunities.165 Where possible the marine and landscape pioneer programmes are being brought together to demonstrate how the area can be managed as a single system. In addition to providing on-going changes to practice and funding for the pioneer area, the projects are hoping to offer lessons which can be applied nationally in other areas of the UK.