As demand for our marine space continues to grow, one of the areas we’re focused on at The Crown Estate is making sure onshore communities benefit from the industrial growth offshore. That’s why, last year, we commissioned the University of Exeter to lead an evidence review on how social impact is understood and measured across the marine economy. Published today on our Marine Data Exchange website, the report offers insights into current practices on social impact assessment across the marine space, as well as identifying key areas for improvement. As part of a wider evidence review, the report will help us to shape our approach to creating social value as part of our seabed activities, from how we engage directly with coastal community groups and wider stakeholders through to how we work with developers to improve and measure social impact. Crucially, it also provides a resource for the wider marine industry on how existing practice across the marine economy can be adapted to ensure that, as our seabed is developed, onshore communities are not left behind. For all the findings from the report, click here: https://lnkd.in/euU9YTWH #SocialValue #SocialImpact #OnshoreCommunities
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Nature and Environment Advisor (Marine) - Blue Carbon, Nature Restoration and Social Value
Social Impacts of Marine Development, a fantastic report developed by Pamela Buchan from the University of Exeter, commissioned by The Crown Estate. In supporting this research last October with my former colleague Helen Elphick, we were so excited to follow Pam's review of countless sources of academic and industry literature. The findings of this report will be of value to all marine sectors and their stakeholders, with a clear focus on how offshore activities can demonstrate more equitable and distributive social value and impacts to coastal communities. To access the report, please follow this link to the MDE: https://lnkd.in/euU9YTWH #offshorewind #socialvalue #coastalcommunities
As demand for our marine space continues to grow, one of the areas we’re focused on at The Crown Estate is making sure onshore communities benefit from the industrial growth offshore. That’s why, last year, we commissioned the University of Exeter to lead an evidence review on how social impact is understood and measured across the marine economy. Published today on our Marine Data Exchange website, the report offers insights into current practices on social impact assessment across the marine space, as well as identifying key areas for improvement. As part of a wider evidence review, the report will help us to shape our approach to creating social value as part of our seabed activities, from how we engage directly with coastal community groups and wider stakeholders through to how we work with developers to improve and measure social impact. Crucially, it also provides a resource for the wider marine industry on how existing practice across the marine economy can be adapted to ensure that, as our seabed is developed, onshore communities are not left behind. For all the findings from the report, click here: https://lnkd.in/euU9YTWH #SocialValue #SocialImpact #OnshoreCommunities
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What happens offshore matters onshore. Read more below 👇
As demand for our marine space continues to grow, one of the areas we’re focused on at The Crown Estate is making sure onshore communities benefit from the industrial growth offshore. That’s why, last year, we commissioned the University of Exeter to lead an evidence review on how social impact is understood and measured across the marine economy. Published today on our Marine Data Exchange website, the report offers insights into current practices on social impact assessment across the marine space, as well as identifying key areas for improvement. As part of a wider evidence review, the report will help us to shape our approach to creating social value as part of our seabed activities, from how we engage directly with coastal community groups and wider stakeholders through to how we work with developers to improve and measure social impact. Crucially, it also provides a resource for the wider marine industry on how existing practice across the marine economy can be adapted to ensure that, as our seabed is developed, onshore communities are not left behind. For all the findings from the report, click here: https://lnkd.in/euU9YTWH #SocialValue #SocialImpact #OnshoreCommunities
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As a company for the country, one of our key focuses is to identify and create opportunities for thriving and resilient communities. From floating offshore wind in the Celtic Sea to growing investments in marine nature recovery projects, there is a wealth of new coastal activity that can offer real opportunities to deliver social value for coastal communities. That is why we have commissioned the University of Exeter to identify best practice for social impact assessment and key gaps where more knowledge is needed. This review is a key stepping stone to building new data and evidence around how social value can be delivered alongside financial and environmental value through our management of the seabed. Find out more here: https://lnkd.in/eFKCG3bm #socialvalue
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The Power of Early Planning. Engaging an ecologist before land purchase can save small developers from unnecessary BNG expenses. Early planning not only reduces costs but also promotes better outcomes for nature. #climate #Hope #Courage #biodiversity #development #biodiversitynetgain #realestate #property #construction #bng #nature #alternativeinvestments #gaps #mandatory #SustainableDevelopment #Conservation #development #planning #esg #developer #housing #environment #nature #propertdevelopers #propertydevelopment #habitatbanks #environment #defra #naturalengland #transparency #housebuilding #housebuilders #homebuildersfederation
The Power of Early Planning. Engaging an ecologist before land purchase can save small developers from unnecessary BNG expenses. Early planning not only reduces costs but also promotes better outcomes for nature. Let us talk to you more about how early assessments can lead to smarter, more sustainable development. https://lnkd.in/ejs2_ed7
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NEWS: The Preservation Society of Newport County has released answers to frequently asked questions (FAQs) about its announcement on November 22, 2023, that it was appealing federal agency approval of two wind farms off the Rhode Island coast in the U.S. District Court for the District of Columbia. Link to read the answers to the FAQs -> https://lnkd.in/g3eHtCk6 The appeals detail the failure of the Bureau of Ocean Energy Management (BOEM) to comply with the heightened levels of review required under the National Environmental Policy Act and the National Historic Preservation Act. Developers have to date proposed nine massive wind farms off the coast. At least 457 turbines, each twice the height of Rhode Island’s Superman Building or taller, will be visible, occupying up to 100% of the ocean views from key community sites for the next 30 years. BOEM concludes this will cause a “major adverse impact” to Newport’s sense of place and economy. Danish developer Orsted’s own study suggests that this level of ocean industrialization could lead to losses to Newport’s heritage tourism economy of an estimated $5.17 billion and thousands of jobs, not including inflation, property value reductions, and loss of tax revenues. Yet, BOEM is allowing the developers to proceed without appropriately mapping these harms and without responsibly mitigating them. (photo credit: DiscoverNewport) #wind #windpower #windfarm #historicpreservation #historicpreservationmatters
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Consultant/Advisor - Indigenous Relations, Resource & Economic Development, Partnerships, Negotiator
The current approach to resource development in Indigenous territories in Canada is fundamentally flawed. The existing process disregards the First Nations' intimate knowledge and connection to their lands, especially in the context of environmental sensitivity and sacred sites. Currently, resource development companies seek permits for activities like logging and mining from provincial authorities without prior consultation with the First Nations. The Indigenous communities are informed only post-issuance of these permits, sidelining their concerns and rights. This approach is in stark contrast to the principles of shared land stewardship outlined in treaties. The First Nations, who are best positioned to understand the intricacies of their territories, are relegated to a secondary role, leading to potential conflicts and disregard for their sovereignty. To rectify this, a revised protocol is proposed: 1. Resource development companies should first apply for permits directly to the relevant First Nation. 2. The First Nation evaluates the application based on its bylaws and traditional land use governance protocols. 3. Once the application aligns with the First Nation's criteria, it is then referred to provincial authorities for further consultation, ensuring adherence to provincial regulations. 4. Only after satisfying both Indigenous and provincial standards, should permits be issued. 5. This process inherently embeds the principles of consultation, accommodation, and free, prior, and informed consent from the initial stage. Such a revised approach empowers First Nations, ensuring their active participation from the outset and fostering a more collaborative, cooperative environment. It also honours the spirit of the treaties, recognizing the First Nations' inherent rights and shared responsibility in resource stewardship. Of course, the First Nations would have to build the capacity to review the applications and develop an evaluation process for its criteria. It's a wise investment on the part of the government to assist the First Nations in building that capacity as it keeps everyone out of court… hopefully.
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🌟Exploring Title 43 CFR: A roadmap to sustainable public land management! 🏞️ From historical evolution to future directions, this analysis dives deep into the complexities 📜🌱. Let's collaborate for a greener, resilient future! 🤝🌍 #PublicLands #Sustainability #Regulations https://lnkd.in/esvTbVWJ
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Australia Joins Landsat Next: Investing in Advanced Satellite Data 🌐 🛰️ The Landsat 2030 initiative aims to enhance global land management through improved satellite data capabilities. Australia's investment underscores the importance of international collaboration in addressing environmental challenges. Read more in the #IEEEGRSS eNewsletter👉 https://lnkd.in/gXSZauM2 #SustainableDevelopment #GlobalPartnership #earthday #earthday2024
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Check out this article highlighting increased federal funding opportunities for wildlife connectivity projects under the Infrastructure Investment and Jobs Act.
IIJA Funding for Improving Wildlife Connectivity
L'aide aux entreprises pour équilibrer le triangle entre l'économie, l'impact social et l'impact environnemental. Helping business to balance the triangle between economics, social and environmental impacts
2wThanks for sharing Social Value Portal