The document discusses how valuing ecosystem services can benefit farmers through new markets and opportunities. It provides context on Exmoor, where draining peatlands for agriculture degraded the environment. Now, replenishing water levels and adopting sustainable land management practices can provide new income sources through payments for ecosystem services. This represents a shift from traditional ways of using land for timber, food, and development to recognizing natural capital and the provision of regulating, supporting, and cultural services. It will require new forms of appraisal and collaboration from landowners and professionals to realize the potential of this new paradigm.

1. Valuing Ecosystem Services
Can farmers benefit?
How can LEAF help?
Sustainable Agriculture: show me the money
LEAF President’s Event
5 November 2013
Charles Cowap
MBA MRICS FAAV

2. Charles Cowap
Peat’s Story
MBA MRICS FAAV

3. Charles Cowap
The mires on Exmoor
Drainage for agricultural
improvement
MBA MRICS FAAV

4. Charles Cowap
MBA for fuel
Domestic and commercial peat cuttingMRICS FAAV
Cutting carried on until the end of the c20th

5. Charles Cowap
MBA MRICS FAAV

6. Context: Exmoor example
Charles Cowap
Wimbleball Resr &
MBA MRICS FAAV
River Haddeo
R Exe
Exmoor
R Barle
Exebridge
Pumping
Station
CO 2
Replenishment
Pumping
Approx 5 miles,
lifting water from
120 to 240 m AOD

7. Charles Cowap
MBA MRICS FAAV
New land management and
valuation requirements are emerging
New markets
New challenges to
professional practice
New environmental,
social and economic
opportunities and
challenges

8. Charles Cowap
MBA MRICS FAAV
Defra 2013
Payments for
ecosystem services:
a Best Practice
Guide
Published May 2013
https://www.gov.uk/government/publication
s/payments-for-ecosystem-services-pesbest-practice-guide

9. Thinkpiece
• Royal Charter
– Promote the usefulness
of the profession to
public advantage
• New opportunities in
land management
• New ways of working in
development
• New points to reflect in
conventional valuations
• New types of valuation
Charles Cowap
MBA MRICS FAAV

10. Charles Cowap
Old Ways with Land
MBA MRICS FAAV
TIMBER
SPORTING
MINERALS
DIVERSIFICATION
ENVIRONMENT AND
SUSTAINABILITY
FOOD
INCOME
DEVELOPMENT
ENVIRONMENT
COSTS
SUSTAINABLE

11. New Ways with Land
PROVISIONING SERVICES
Food
Fibre
Energy
Timber
REGULATING SERVICES
Carbon cycle
Water cycle
NATURAL
CAPITAL
SUPPORTING SERVICES
Pollination
Soil Formation
CULTURAL SERVICES
Recreation
Inspiration
Creativity
Reflection
Charles Cowap
MBA MRICS FAAV
EXISTING MARKETS
PUBLIC SUPPORT
NEW MARKETS
PES
Biodiversity offsetting
Carbon
Conservation covenants

12. Charles Cowap
New Ways of Working
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New forms of appraisal
New opportunities
New values
New ways to collaborate
But will farmers be
entrepreneurial enough?
• A new paradigm: farmers
as ecosystem
entrepreneurs ……
?????
MBA MRICS FAAV

13. Charles Cowap
Contact Details
MBA MRICS FAAV
In-house CPD programmes, professional-technical updates,
organisational consultancy, and more:


Twitter:
Blog:
Slideshare:
cdcowap@gmail.com
07947 706505
@charlescowap
http://charlescowap.wordpress.com/
http://www.slideshare.net/cdcowap
Translating new knowledge for rural professional practice
www.harper-adams.ac.uk