Quantifying the difference that nature recovery can make to selected risk events in the National Risk Register (informed by the State of Natural Capital Report)
Reference ocds-h6vhtk-06d6e2 · NATURAL ENGLAND
Awarded to Government Actuary's Department for £41,139.
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Amounts and figures
Description
This commission sits within Natural England's Natural Capital and Economics Teams, which work on evidence to ensure that nature, and the multiple benefits it provides, are considered in decision-making. In 2024, Natural England published a State of Natural Capital Report State of Natural Capital Report (SONC). It brings together the best available evidence on the state of England's natural capital. It aims to wake up policymakers, and other decision-makers, to risks from natural capital loss and convince them to invest in, and protect, nature. SONC contains significant quantitative information. However, its output is qualitative. The lack of quantification means that audiences who are unfamiliar with environmental evidence are unable to weigh the importance of our risk ratings against other risk ratings in their own policy area. This project aims to extend the SONC work into quantification, specifically through reference to 7 risks in the National Risk Register National Risk Register 2025 (NRR). We are working with the idea that changes in the chronic risks impact on the future likelihood and impact of the event risks in the NRR. Specifically, we are interested in the potential …
Awards
| Lot | Awarded to | Amount | Date |
|---|---|---|---|
| 1 | Government Actuary's Department | £41,139 | — |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 098790-2026 | 20 October 2026 |
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