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Natural Capital, Agriculture and the Law


ISBN13: 9781839104152
Published: May 2022
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £94.00



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Through an extended study of agricultural land use and policy, Natural Capital, Agriculture and the Law presents a comprehensive legal analysis of proposals for protecting natural capital stocks and the sustainable use of ecosystem services, critiquing the legal challenges in designing and operationalising a workable natural capital approach.

Evaluating legal considerations at international, national, and local levels, chapters canvas the challenges behind creating an optimal policy mix when shifting towards a natural capital approach, including entrenched private property rights and privacy and intellectual property concerns. Exploring the instruments necessary to support improved valuation and accounting for nature in the development of a natural capital framework, including digital technologies, regulation, and market-based instruments, the book then considers the legal, technical, and social barriers that impede their use. With an international outlook on environmental laws, trade rules and values, it concludes by arguing that operationalising natural capital governance requires designing and implementing legal and regulatory frameworks to support the identification, valuation, protection and restoration of natural capital.

Global in scope, the book will prove invaluable for scholars of environmental and agricultural law, environmental economics, and policy design. Identifying practical options for legal, regulatory and governance design, it will also be useful for governmental policy makers and environmental consultants.

Subjects:
Environmental Law, Agricultural Law
Contents:
PART I: EXISTING CHALLENGES
1. Introduction: natural capital and the role of law
2. Negotiating existing property rights regimes
3. Digital technologies, decision-making and data governance
PART II: REGULATORY INSTRUMENTS
4. Market-based instruments, ecosystem services and natural capital
5. Natural capital governance through regulation
PART III: THE GLOBAL CONTEXT
6. International trade rules and values to support natural capital
7. Recognising natural capital through international environmental law
8. The law and future pathways for natural capital

Index