Natural Capital
At Payne Hicks Beach, we understand the importance of natural capital to the environment and to business alongside the challenges, opportunities and potential social and environmental advantages that it offers the economy.
Natural capital can be defined as the world’s stocks of natural assets. These include land, forests, air, soil and all living things. These natural assets provide humans with a range of “ecosystem services”, such as the food that we eat and the water that we drink. They also offer less visible advantages such as carbon sequestration and natural flood defences.
These assets have always existed in one form or another, but it is only relatively recently that this label has been applied to them reflecting an increasing global demand both for their protection and for their trade within the context of sustainable business and climate enhanced corporate social responsibility.
Nature is priceless, but it is not valueless and we can offer advice to landowners on how to convert their natural capital to financial capital and revenue.
Alongside the advice we provide to landowners on renewable energy projects, we work with landowners, renewable energy providers and developers who are looking to create or gain access to biodiversity net gain units, as well as those looking to market the climate benefit of the restoration of peatland or the planting of new woodland through the creation and sale of carbon credits.
Our lawyers can help landowners consider the feasibility and implementation of projects in this exciting new area, with specialists across property, tax planning, reputation management, finance and company structuring coming together to provide a seamless service for our clients.
INSIGHTS
December 09, 2024
MoneyWeek report on farmers are protesting against restrictions on agricultural property relief. The...
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Autumn budget 2024 – The abolition of the non-dom tax regime
November 01, 2024
After nearly eight months of uncertainty following the March 2024 Spring Budget, the Autumn Budget h...
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Autumn budget 2024 – key ‘onshore’ announcements
November 04, 2024
The Chancellor delivered the first (and much anticipated) Budget of the current Government on 30 Oct...
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Business Asset Disposal Relief – changes following the Budget
November 14, 2024
As part of the 2024 Autumn Budget, the Government announced future changes to the rate of Business A...
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Chancellor considers scrapping non-dom tax status in Budget
March 01, 2024
Chairman and Private Client partner Robert Brodrick was quoted in FT Adviser and Spears following...
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Consequences for family businesses of the changes made to Business Property Relief in the Autumn Budget
November 15, 2024
As part of the 2024 Autumn Budget, the Government announced changes to Business Property Relief (...
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