When measuring overall economic performance and considering specific investments and transitions with side effects detrimental to natural resources and the environment, there is a crucial need for quantifying natural assets and taking depreciation effects into account. To this end, concepts and methods for accounting and valuation are emerging and developing. This seminar aims to gather interested colleagues and others to discuss the Natural Capital concept against this background. In addition, we wish to stimulate exchange among all participants to spur general thinking in this area. Finally, we also hoped that the seminar could inspire future scholarly work in the area –notably at the intersections between economics, law, and politics.
About Sir Dieter Helm: Sir Helm is Professor of Energy Policy at the University of Oxford and Fellow of Economics at New College, Oxford. He chaired of the UK Natural Capital Committee and has authored several books including: Natural Capital: Valuing the Planet (2015), Green and Prosperous Land (2019) and Net Zero: How We Stop Causing Climate Change (2020).
Program: The presentations will be 20–25 minutes with 5–10 minutes of questions at the end. Coffee, tea and baguettes for lunch will be provided.
For admittance to Statistics Norway and to receive lunch, please sign up for your attendance latest May 15th using the registration form.
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10.00–10:15 |
Introduction by Endre Stavang, Professor of Law, University of Oslo |
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10:15–10:30 |
“Setting the stage: Natural capital and nature risk” by Kristine Grimsrud, Senior Scientist, Statistics Norway |
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10:30–11:00 |
“Natural capital values associated with natural resources” by Mads Greaker, Professor of Economics, OsloMet |
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11:00–11:30 |
“Some legal remarks” by Ole Kristian Fauchald, Professor of Law, University of Oslo |
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11:30–12:00 |
Lunch break |
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12:00–12:30 |
"Natural Capital -- Concept, Challenges, Tools: A UK-centred perspective” by Sir Dieter Helm, Professor of Economics, University of Oxford |
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12:30–13:00 |
“Mapping and valuing outdoor recreation for ecosystem accounting” by David N. Barton, Senior Scientist, Norwegian Institute of Nature Research |
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13:00–13:15 |
Coffee break |
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13:15–13:45 |
“Economic values and other values associated with land use – ‘Hytte-kostnadsanalyse’ ” by Endre Iversen, Research Scientist, Centre for Applied Research at NHH |
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13:45–14:15 |
“Natural capital in environmental cases – examples and needs for valuation and compensation when using natural assets” by Tine Larsen, lawyer at Dæhlin Sand Advokatfirma, specialising in environmental law, nature management and renewable energy |
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14:15–14:30 |
Closing comments by Endre Stavang |
Link to sign-up page repeated here, please register before May 15th.
MS Teams link for online participants.
This seminar is in part funded by the Norwegian Research Council, through the project LandValUse, project nr. 319917.