Regenerating natural capital and using a six capitals approach

 

Natural capital

Yorkshire landscapes have a material impact on the success of Yorkshire’s economy – especially the agri-food, recreation, and manufacturing sectors, which together make nearly half of the region’s GVA. Recent analysis by 3Keel commissioned by the LEP and LNP in partnership with Nestle and the Woodland Trust has shown that key landscape functions such as flood mitigation, production of raw materials, and the Yorkshire Landscape’s role in talent and tourists were directly connected to the operational and strategic needs of businesses across the Yorkshire economy.

 

Read more about the LENs approach from Nestle’s Head of Value Chain Sustainability, Andy Griffiths:

Connecting Landscapes and Economy in Yorkshire: The Case For Doing Business With Yorkshire’s Landscapes

Would you like to get involved in building a business network to co-invest in our landscapes? Please get in touch with the team.

 

Using a six capital approach for the circular economy

Using a six capitals approach encourages us to think about how applying circular economy principles not only can protect our natural resources, but also benefit people – improve skills, wellbeing and relationships, our infrastructure and technologies – ensure they last longer, better meet users’ needs and are fully utilised; and, fundamentally our economy –improve competitiveness and resilience. This ensures that when our economy grows, people and the planet also benefit.