UK Natural Capital Committee Reports

The 25 YEP is a huge achievement – however, the absence of progress since 2011 is more notable than the successes . The NCC was specifically requested to provide scrutiny of the 25 YEP annual Progress Reports, paving the way for the Office for Environmental Protection (OEP) to undertake this function in the future . The Committee’s assessment of government’s first two Progress Reports highlights the need for natural capital asset-based metrics and a comprehensive baseline census to effectively report on progress . In 2019, the Committee set out in its detailed advice to government how this should be conducted, and subsequently repeated on a five-year cycle . These building blocks are essential if the objectives of the 25 YEP are to be met.

This is a pivotal moment with the most significant environmental legislation in a generation passing through Parliament . The Environment Bill will place the 25 YEP on a statutory footing, establish long-term, legally binding targets for environmental improvement, and create an independent body – the OEP – to hold government to account on progress against its environmental objectives . The NCC has advised that the Environment Bill should go further by establishing a framework for statutory interim targets and replace the biodiversity net gain with environmental net gain . Only an environmental net gain approach in planning and development will ensure that aggregate natural capital is maintained and enhanced . Without these changes, there is a real danger that this once in a lifetime opportunity to legislate for improving England’s natural environment and realise the huge economic opportunities that this presents will be lost.

Let me conclude by thanking all of the members who have served on the NCC for the last nine years – and our secretariat – giving their time, energy and commitment generously and putting in effort far beyond what is required of them.