London Borough of Barnet Corporate Natural Capital Account

Project description: 

The London Borough of Barnet is the first London Borough to produce a borough-wide Corporate Natural Capital Account (CNCA) for 200 of its parks and open spaces. The CNCA provides Barnet’s council with an evidence base to quantify the economic, social and environmental benefits accruing from its green infrastructure assets. The CNCA has been developed using the quality and value assessment data of these spaces assembled for the borough’s Parks and Open Spaces Strategy (2016-2026). This account shows the value of 200 of Barnet’s parks and open spaces for the wellbeing of residents. The total value of benefits from them is estimated at more than £1 billion over the next 25 years.

Organisations involved: 

Jon Sheaf & Associates, eftec, London Borough of Barnet

Scale of project: 
Local
Location: 
London Borough of Barnet
Total area covered by project: 
87 (sq. km)
Special purposes of project: 
Create accounts
What ecosystem service classification was used?: 

Project specific. Four ecosystem services most relevant to the London Borough of Barnet were valued: Recreation, Physical health benefits, Property premiums, Climate regulation

Which ecosystem services were focused on?: 

Cultural
  • Health and well-being
  • Recreation/tourism
Regulating
  • Climate regulation
Habitats mapped for ecosystem services: 
Enclosed farmland
Freshwater, wetlands and floodplains
Mountains, moors and heaths
Urban
Woodland
Baseline data: 
Biological monitoring data
Habitat or land cover
Human census
Contact name: 
Julia Halasz
Contact job title: 
Leader of GIS survey process, Barnet Open Spaces Strategy
Organisation: 
Jon Sheaff & Accociates
Address: 
Unit 5.1, Bayford Street Industrial Units, London, E8 3SE
Phone: 
020 8986 2338
Location: