Overview of the New Zealand Natural Capital Assessment May 2014
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1 Overview of the New Zealand Natural Capital Assessment May 2014
2 TEEB on Natural Capital Our ecosystems, biodiversity and natural resources underpins economies, societies and individual well-being. In addition to traditional natural resources such as timber, water, and energy and mineral reserves, it also includes biodiversity, endangered species and the ecosystems which perform ecological services. 2
3 Natural Capital Assessment An analysis of the direct and indirect benefits that the environment provides to the nation s economy and people s health and happiness - focusing on the links between ecosystems, the services they provide, and their contribution to economic progress and human wellbeing and prosperity. 3
4 Global Assessments 2005-Millennium Ecosystem Assessment completed Over 70 ecosystem assessments initiated Global case studies- examples Best Practice-UK National Ecosystem Assessment These will inform the NZ approach 4
5 Lessons to apply-nz NCA Engage Engage ENGAGE 5
6 Natural Capital Assessment- NZ Fit UK- best practice model to inform NZ approach Objective, scope and scale Linkages, resourcing and timeframes Methodologies and Outputs A natural capital legacy Where we are at Next Steps 6
7 Objective NZ NCA to build an evidence-based case for embedding natural capital and ecosystem services into policy processes and decision-making in order to improve the future wellbeing and prosperity of New Zealanders. 7
8 Conceptual Framework REPLACE *Note that the term good(s) includes all use and non-use, material and non-material benefits from ecosystems that have value for people.
9 UK NEA Ecosystem Goods & Services (for people) The UK NEA adopted the MA classification for ecosystem services.
10 NCA Valuations Aim is to incorporate all values, drawing from economics, other social sciences and indigenous knowledge systems, including Mātauranga Māori. Need for a multi-disciplinary approach that reflects the New Zealand context OUR legacy? 10
11 Mātauranga Māori Science Challenges Treasury Living Standards NRS Natural Capital Assessment Stats NZ SEEA Accounts Brand NZ & Market Access Public Sector Reform (Stewardship) 11
12 NZ NCA Project Outline Project Scope: What is the value of nature? Assessment reports as outputs Governance & support -key Resourcing $NZ million Timeframes 24-months (Tentative June 2014) Stakeholder engagement at multiple levels 12
13 Business & Industry Iwi NCA Stakeholders Civil Society CRIs & Universities 13
14 EXPLORATION AND PLANNING 3 months LAUNCH AND DESIGN 3 months NZ NCA CORE ASSESSMENT WORK Up to 12 months REVIEW PROCESS COMMS AND OUTREACH 3 months Advisory Board Advisory Board Advisory Board Advisory Board 1 st working group meetings 3 rd working group meetings Begin Review Governance Group approval Approval of business case 1st design meeting 2 nd working group meetings Combined working group meeting Review meetings ART Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan-15 Feb Mar A M J J NCA Launch Release of draft report to reviewers Stakeholder Input
15 Assessment Reports -Questions Status and trends Drivers of change Human well-being Public understanding Why value ecosystem services? Future scenarios... economic, environmental, social and cultural implications Protecting the integrity of ecosystem services Influence of ecosystem services on decisionmaking? 15
16 NCA- Current Status Business Case- approved in principle (Feb 2014) Appointment of Project Manager (April 2014) Establishment of Secretariat Interim Officials & Steering Group Next Steps: Resourcing=Investment portfolio Decision by NRS CEs June 2014 Business Plan Development 16
17 NZ NCA Take Home Message YOUR engagement is key 17
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