Natural Capital - The Importance of Natural Capital to the Scottish Economy

About this episode

The episode discusses the significance of natural capital to the Scottish economy based on a new report from the Scottish Government.

In this episode of the Natural Capital podcast, Harry Fisher and Iain Boyd discuss the new report from the Scottish Government; The Importance of Natural Capital to the Scottish Economy – A Regional Analysis. The report estimates that Scotland’s natural capital underpins at least £40 billion of economic output (14% of the total economy) and supports 260,000 jobs. The discussion highlights the sectors of the economy heavily dependent on healthy ecosystems, and explores how reliance varies across regions, the areas most dependent and how to manage the risks. We discuss the many ecosystem services provided which are irreplaceable, the importance of valuing, looking after and investing in nature and how our natural capital assets are fundamental to economic resilience, rural livelihoods and long-term prosperity. If you’d like to get in touch or find out more about what we have discussed, you can find links in the show notes. This episode was presented by Harry Fisher, produced by Kerry Hammond and edited by Kieron Sim, in association with the Scottish Government. Timestamps: 1:11 – 6:36 Overview of report and our valuable assets. 6:37 – 16:30 Impact on specific sectors, the role of…

People in this episode

Host: Harry Fisher

Guest: Iain Boyd

Topics covered

• natural capital
• Scottish economy
• ecosystem services
• economic resilience
• regional analysis

Keywords

• natural capital
• Scottish economy
• ecosystem services
• economic output
• job support

Mentioned in this episode

Organizations: Scottish Government

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