Exploring ecosystem markets for the delivery of public goods in the UK

Transforming food production systems, to minimise environmental impacts and maximise public goods is a major policy challenge, given the costs of restoring damaged habitats and incentivising shifts to more sustainable production methods. To meet this challenge, Defra’s new Nature for Climate Fund, announced in the last budget, is designed to leverage new private investment in natural capital, and demand for the UK’s two national carbon markets for woodlands and peatland restoration are now outstripping supply. Investing in the delivery of public goods can benefit both commercial organisations whose business relies on ecosystem services, as well as landowners, land managers and the general pu