SlideShare uma empresa Scribd logo
1 de 15
Peatland Payments for Ecosystem
Services in the South West

Water and Carbon on Exmoor
English Upland Peatland Network Conference
Exeter

13 November 2012

Charles Cowap
Chartered Surveyor

                                             Charles Cowap
                                             MBA MRICS FAAV
Wimbleball Resr &
Context: Exmoor example             R Haddeo

                         R Exe
    Exmoor

             R Barle




                                 Replenishment
                 Exebridge       Pumping
                 Pumping         Approx 5 miles,
                 Station         lifting water from
                                 120 to 240 m
                                 AOD



                                        Charles Cowap
                                        MBA MRICS FAAV
Peatland on Exmoor




                     Charles Cowap
                     MBA MRICS FAAV
Charles Cowap
MBA MRICS FAAV
Charles Cowap
MBA MRICS FAAV
Charles Cowap
MBA MRICS FAAV
Charles Cowap
MBA MRICS FAAV
Economics
                                   + OTHER ESS
                      CARBON
                                  PAYMENTS???


                  Future
                                  Profit for reinvestment
            Storage/Abstraction
                                      or distribution
                   Costs


                                    Savings for water
             Treatment Costs
                                         buyers


                                  Incentive payments to
              Pumping Costs           landowners –
                                   managers - occupiers




                                                            Charles Cowap
                                                            MBA MRICS FAAV
Benefits must be owned by the          Is it irreversible?                    Conflict of interest between RPA
                                       Opportunity for existing scheme        and Mire project - when spot check
landowner
                                       Health of livestock - fluke            on acreage for payment resulted in
Source of revenue for landowner        Livestock safety                       stating that they would not pay for
Need for trust fund to remedy any      It might not work, restoration might   area affected by mire work
problems, eg solar deals with trust    not work                               Opportunity costs for other activities
fund set up to remove kit              Land not suitable for grazing,
                                                                            If is not owned by the landowner
                                       destock land
Cheaper water bills for SWW                                                 who owns the land and project?
customers                              Contravening Single Farm Payments Damage to grazing reversing 2,000
                                                                            years of ag progress
Environmental benefits                 Collateral damage                    No rewards for joining the project
Jobs                                   PIF [Permanently Ineligible Features SWW overriding everything
HLS                                    for SFP]                             No allowance for inflation
                                       Increased carbon                     Is there any way of making up the
Water retention, less flash flooding   Increased silt peat into river       reduction?
downstream                             Devaluation of agri land
More wildlife                          RPA Problems
Putting land that was drained back     Health and safety problems
                                       Future funding for restoration of
to its natural state
                                       damage
Financial - tradeable commodity,       What are the potential impacts
income for managing land naturally     downstream?
Ecosystem service [? ..airs?]          HLS Capital Works money being used
None                                   for mire rather than hedge work
                                       which directly benefits local
                                       communities

                                                                                                      Charles Cowap
                                                                                                      MBA MRICS FAAV
Summary of concerns,        Concerns Benefits Questions Totals
benefits, questions
Revenue/cost                6        3        2         11
Asset Value                 4        2        0         6
Legal/ownership             1        1        3         5
Agricultural productivity   2        0        0         2
External liabilities        3        1        0         4
Animal welfare              2        0        0         2
H&S                         1        0        0         1
Environmental               4        5        1         10
Wider economic              3        2        0         5
Scheme relationships        6        1        1         8
Confidence                  8        1        2         11
Totals                      40       16       9         65

                                                      Charles Cowap
                                                     MBA MRICS FAAV
Top Three Concerns

•   Confidence



•   Revenue/Cost



•   Scheme Relationships




                           Charles Cowap
                           MBA MRICS FAAV
Top Three Positives

•   Environmental




•   Revenue




•   Asset Value and wider economic aspects



                                             Charles Cowap
                                             MBA MRICS FAAV
Top Three Questions

•   Legal/ownership concerns




•   Revenue and cost




•   Confidence



                               Charles Cowap
                               MBA MRICS FAAV
Questions?




             Charles Cowap
             MBA MRICS FAAV
Contact Details
Translating new knowledge for rural professional practice

             cdcowap@gmail.com
             07947 706505
Twitter:      @charlescowap
Blog:         http://charlescowap.wordpress.com/
Slideshare:   http://www.slideshare.net/cdcowap




                                                            Charles Cowap
                                                            MBA MRICS FAAV

Mais conteúdo relacionado

Semelhante a Peat Rewetting in Exmoor

Algal Biofuels for Local Consumption
Algal Biofuels for Local ConsumptionAlgal Biofuels for Local Consumption
Algal Biofuels for Local Consumption
Duncan Clauson
 
el paso Yardley_IPAAMLPConference1
el paso  Yardley_IPAAMLPConference1el paso  Yardley_IPAAMLPConference1
el paso Yardley_IPAAMLPConference1
finance49
 
el paso Yardley_IPAAMLPConference1
el paso  Yardley_IPAAMLPConference1el paso  Yardley_IPAAMLPConference1
el paso Yardley_IPAAMLPConference1
finance49
 
Water Investment Environment
Water Investment EnvironmentWater Investment Environment
Water Investment Environment
rbsteiner
 
EP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINALEP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINAL
finance49
 
EP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINALEP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINAL
finance49
 

Semelhante a Peat Rewetting in Exmoor (20)

Farmers and Planners
Farmers and PlannersFarmers and Planners
Farmers and Planners
 
Water Abstractor Groups - Andrew Alston (Broadlands Agricultural Water Abstra...
Water Abstractor Groups - Andrew Alston (Broadlands Agricultural Water Abstra...Water Abstractor Groups - Andrew Alston (Broadlands Agricultural Water Abstra...
Water Abstractor Groups - Andrew Alston (Broadlands Agricultural Water Abstra...
 
Sustainable Agriculture: show me the money: Valuing Ecosystem Services
Sustainable Agriculture: show me the money: Valuing Ecosystem ServicesSustainable Agriculture: show me the money: Valuing Ecosystem Services
Sustainable Agriculture: show me the money: Valuing Ecosystem Services
 
ORP FY13 Budget Workshop
ORP FY13 Budget WorkshopORP FY13 Budget Workshop
ORP FY13 Budget Workshop
 
NOA DEIS (EPA) - Kemper County IGCC Project
NOA DEIS (EPA) - Kemper County IGCC ProjectNOA DEIS (EPA) - Kemper County IGCC Project
NOA DEIS (EPA) - Kemper County IGCC Project
 
Naturally Enough with N Wales Ag Valuers, Betws y Coed 15 March 2018
Naturally Enough with N Wales Ag Valuers, Betws y Coed 15 March 2018Naturally Enough with N Wales Ag Valuers, Betws y Coed 15 March 2018
Naturally Enough with N Wales Ag Valuers, Betws y Coed 15 March 2018
 
Range Resources 1Q12 Company Presentation
Range Resources 1Q12 Company PresentationRange Resources 1Q12 Company Presentation
Range Resources 1Q12 Company Presentation
 
_IMAGE2022 talk.pdf.pdf
_IMAGE2022 talk.pdf.pdf_IMAGE2022 talk.pdf.pdf
_IMAGE2022 talk.pdf.pdf
 
Algal Biofuels for Local Consumption
Algal Biofuels for Local ConsumptionAlgal Biofuels for Local Consumption
Algal Biofuels for Local Consumption
 
ORP 2011 Cleanup Caucus Presentation
ORP 2011 Cleanup Caucus PresentationORP 2011 Cleanup Caucus Presentation
ORP 2011 Cleanup Caucus Presentation
 
Hsca overview may 2007 jim werner
Hsca overview may 2007 jim wernerHsca overview may 2007 jim werner
Hsca overview may 2007 jim werner
 
Cawasa newsletter 2nd quarter 2012
Cawasa newsletter   2nd quarter 2012Cawasa newsletter   2nd quarter 2012
Cawasa newsletter 2nd quarter 2012
 
Stimulating investment in Carbon, Water and Biodiversity from peatland restor...
Stimulating investment in Carbon, Water and Biodiversity from peatland restor...Stimulating investment in Carbon, Water and Biodiversity from peatland restor...
Stimulating investment in Carbon, Water and Biodiversity from peatland restor...
 
5 Barriers to Corporate Water Stewardship and How to Overcome Them
5 Barriers to Corporate Water Stewardship and How to Overcome Them5 Barriers to Corporate Water Stewardship and How to Overcome Them
5 Barriers to Corporate Water Stewardship and How to Overcome Them
 
el paso Yardley_IPAAMLPConference1
el paso  Yardley_IPAAMLPConference1el paso  Yardley_IPAAMLPConference1
el paso Yardley_IPAAMLPConference1
 
el paso Yardley_IPAAMLPConference1
el paso  Yardley_IPAAMLPConference1el paso  Yardley_IPAAMLPConference1
el paso Yardley_IPAAMLPConference1
 
Texas Frac Competition
Texas Frac CompetitionTexas Frac Competition
Texas Frac Competition
 
Water Investment Environment
Water Investment EnvironmentWater Investment Environment
Water Investment Environment
 
EP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINALEP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINAL
 
EP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINALEP09_19Foshee_BankofAmerica_FINAL
EP09_19Foshee_BankofAmerica_FINAL
 

Mais de Charles Cowap

Mais de Charles Cowap (20)

Compulsory Purchase and Utilities Initial Survey Results
Compulsory Purchase and Utilities Initial Survey ResultsCompulsory Purchase and Utilities Initial Survey Results
Compulsory Purchase and Utilities Initial Survey Results
 
Agricultural Property Relief in perspective: a comparison of asset classes
Agricultural Property Relief in perspective: a comparison of asset classesAgricultural Property Relief in perspective: a comparison of asset classes
Agricultural Property Relief in perspective: a comparison of asset classes
 
Brexit Update Harper Adams University 9 June 2017
Brexit Update Harper Adams University 9 June 2017Brexit Update Harper Adams University 9 June 2017
Brexit Update Harper Adams University 9 June 2017
 
Post Brexit Farming: Get Fit and Engage
Post Brexit Farming: Get Fit and EngagePost Brexit Farming: Get Fit and Engage
Post Brexit Farming: Get Fit and Engage
 
Rural Taxation Revision, Staffs, 29 July 2015
Rural Taxation Revision, Staffs, 29 July 2015Rural Taxation Revision, Staffs, 29 July 2015
Rural Taxation Revision, Staffs, 29 July 2015
 
Valuation Tutorial, Aberystwyth, 2 July 2015
Valuation Tutorial, Aberystwyth, 2 July 2015Valuation Tutorial, Aberystwyth, 2 July 2015
Valuation Tutorial, Aberystwyth, 2 July 2015
 
Strategy and the land manager
Strategy and the land managerStrategy and the land manager
Strategy and the land manager
 
Rural Valuation Update, Ludlow, 19 June 2015
Rural Valuation Update, Ludlow, 19 June 2015Rural Valuation Update, Ludlow, 19 June 2015
Rural Valuation Update, Ludlow, 19 June 2015
 
Compulsory Purchase Update - Ludlow, 5 February 2015
Compulsory Purchase Update - Ludlow, 5 February 2015Compulsory Purchase Update - Ludlow, 5 February 2015
Compulsory Purchase Update - Ludlow, 5 February 2015
 
Valuation: Cross-roads or Cul de Sac?
Valuation: Cross-roads or Cul de Sac?Valuation: Cross-roads or Cul de Sac?
Valuation: Cross-roads or Cul de Sac?
 
Value from land
Value from landValue from land
Value from land
 
Woodland Taxation and Valuation
Woodland Taxation and ValuationWoodland Taxation and Valuation
Woodland Taxation and Valuation
 
Value of clean upland water for South West Water
Value of clean upland water for South West WaterValue of clean upland water for South West Water
Value of clean upland water for South West Water
 
Peatland Rewetting in the South West
Peatland Rewetting in the South WestPeatland Rewetting in the South West
Peatland Rewetting in the South West
 
Rural Jigsaw: conventional and unconventional valuations of amenity trees, re...
Rural Jigsaw: conventional and unconventional valuations of amenity trees, re...Rural Jigsaw: conventional and unconventional valuations of amenity trees, re...
Rural Jigsaw: conventional and unconventional valuations of amenity trees, re...
 
Rural Tax and Valuation Update 5 July 2012
Rural Tax and Valuation Update 5 July 2012Rural Tax and Valuation Update 5 July 2012
Rural Tax and Valuation Update 5 July 2012
 
Concise Rural Taxation 2011/12 Order Form
Concise Rural Taxation 2011/12 Order FormConcise Rural Taxation 2011/12 Order Form
Concise Rural Taxation 2011/12 Order Form
 
Renewable Energy Valuation Briefing
Renewable Energy Valuation BriefingRenewable Energy Valuation Briefing
Renewable Energy Valuation Briefing
 
Rural Compulsory Purchase Update 2011
Rural Compulsory Purchase Update 2011Rural Compulsory Purchase Update 2011
Rural Compulsory Purchase Update 2011
 
CAAV Tax Tutorial July 2011
CAAV Tax Tutorial July 2011CAAV Tax Tutorial July 2011
CAAV Tax Tutorial July 2011
 

Peat Rewetting in Exmoor

  • 1. Peatland Payments for Ecosystem Services in the South West Water and Carbon on Exmoor English Upland Peatland Network Conference Exeter 13 November 2012 Charles Cowap Chartered Surveyor Charles Cowap MBA MRICS FAAV
  • 2. Wimbleball Resr & Context: Exmoor example R Haddeo R Exe Exmoor R Barle Replenishment Exebridge Pumping Pumping Approx 5 miles, Station lifting water from 120 to 240 m AOD Charles Cowap MBA MRICS FAAV
  • 3. Peatland on Exmoor Charles Cowap MBA MRICS FAAV
  • 8. Economics + OTHER ESS CARBON PAYMENTS??? Future Profit for reinvestment Storage/Abstraction or distribution Costs Savings for water Treatment Costs buyers Incentive payments to Pumping Costs landowners – managers - occupiers Charles Cowap MBA MRICS FAAV
  • 9. Benefits must be owned by the Is it irreversible? Conflict of interest between RPA Opportunity for existing scheme and Mire project - when spot check landowner Health of livestock - fluke on acreage for payment resulted in Source of revenue for landowner Livestock safety stating that they would not pay for Need for trust fund to remedy any It might not work, restoration might area affected by mire work problems, eg solar deals with trust not work Opportunity costs for other activities fund set up to remove kit Land not suitable for grazing, If is not owned by the landowner destock land Cheaper water bills for SWW who owns the land and project? customers Contravening Single Farm Payments Damage to grazing reversing 2,000 years of ag progress Environmental benefits Collateral damage No rewards for joining the project Jobs PIF [Permanently Ineligible Features SWW overriding everything HLS for SFP] No allowance for inflation Increased carbon Is there any way of making up the Water retention, less flash flooding Increased silt peat into river reduction? downstream Devaluation of agri land More wildlife RPA Problems Putting land that was drained back Health and safety problems Future funding for restoration of to its natural state damage Financial - tradeable commodity, What are the potential impacts income for managing land naturally downstream? Ecosystem service [? ..airs?] HLS Capital Works money being used None for mire rather than hedge work which directly benefits local communities Charles Cowap MBA MRICS FAAV
  • 10. Summary of concerns, Concerns Benefits Questions Totals benefits, questions Revenue/cost 6 3 2 11 Asset Value 4 2 0 6 Legal/ownership 1 1 3 5 Agricultural productivity 2 0 0 2 External liabilities 3 1 0 4 Animal welfare 2 0 0 2 H&S 1 0 0 1 Environmental 4 5 1 10 Wider economic 3 2 0 5 Scheme relationships 6 1 1 8 Confidence 8 1 2 11 Totals 40 16 9 65 Charles Cowap MBA MRICS FAAV
  • 11. Top Three Concerns • Confidence • Revenue/Cost • Scheme Relationships Charles Cowap MBA MRICS FAAV
  • 12. Top Three Positives • Environmental • Revenue • Asset Value and wider economic aspects Charles Cowap MBA MRICS FAAV
  • 13. Top Three Questions • Legal/ownership concerns • Revenue and cost • Confidence Charles Cowap MBA MRICS FAAV
  • 14. Questions? Charles Cowap MBA MRICS FAAV
  • 15. Contact Details Translating new knowledge for rural professional practice  cdcowap@gmail.com  07947 706505 Twitter: @charlescowap Blog: http://charlescowap.wordpress.com/ Slideshare: http://www.slideshare.net/cdcowap Charles Cowap MBA MRICS FAAV