It is vital to develop a substantial baseline to measure natural capital improvement metrics against. This is already taking place in some respects (e.g. Natural Capital Ecosystem Assessment (NCEA) data for woodlands) but the current programmes arguably do not provide sufficient granularity to support decisions at farm level. The British Standards Institute’s nature investment standards principles, both published and in development, should provide the baseline requirements that all natural ca...

It is vital to develop a substantial baseline to measure natural capital improvement metrics against. This is already taking place in some respects (e.g. Natural Capital Ecosystem Assessment (NCEA) data for woodlands) but the current programmes arguably do not provide sufficient granularity to support decisions at farm level. The British Standards Institute’s nature investment standards principles, both published and in development, should provide the baseline requirements that all natural capital markets should meet to ensure genuine net gains for nature in regard to additionality and other standards. (Conclusion, Paragraph 139) Type: conclusion | Number: 26 | Response status: not_addressed Government response: We are continuing to sponsor the British Standards Institution’s Nature Investment Standards Programme, which involves a large number of public and private sector organisations. The programme will produce a suite of Nature Investment Standards. The first of these standards fo