Rosemary S. Hails

Given ongoing, human-induced, loss of wild species we propose the Target and Cost Analysis (TCA) approach as a means of incorporating biodiversity within government appraisals of public spending. Influenced by how carbon is priced in countries around the world, the resulting biodiversity shadow price reflects the marginal cost of meeting government targets while avoiding disagreements on the use of willingness to pay measures to value biodiversity. Examples of how to operationalize TCA are developed at different scales and for alternative biodiversity metrics, including extinction risk for Europe and species richness in the UK. Pricing biodiversity according to agreed targets allows trade-offs with other wellbeing-enhancing uses of public funds to be sensibly undertaken without jeopardizing those targets, and is compatible with international guidelines on Cost Benefit Analysis.

Pathways to sustainability require a broader and fuller representation of the multiple values of nature in policy and practice. In this People and Nature special feature entitled ‘The Multiple Values of Nature’, researchers interpreted all three key words differently: multiple, values and nature. The articles also engaged variously with concepts, theory, practice and data. In the face of this diversity, some see a burgeoning field and others see a mess. In this editorial, we characterize the diversity of these contributions and consider whether the field is poised to become mainstream. Specifically, we ask what might be limiting its efforts to unsettle the dominance of economic valuation. Like the broader field, the articles engage little with theory, and only one paper engaged with a theory of value (the dominant ‘utility theory’, rejecting a component of it). All articles thus seemed dissatisfied or disengaged with existing theories of value; this suggests that popular theories of value cannot properly account for the diversity of ways that people value and relate to nature. Perhaps there is a fundamental lack in how we understand value in any context (not just nature). As this fledgling field matures, we argue that building theory is key. Specifically, there is a need to articulate a theory of value to accommodate the multiple values of nature, which relates the various concepts to empirics, and which serves as a foundation to guide practice. To facilitate this theory development, we outline a set of ways that a new theory of value would need to differ from the dominant economic (utility) theory of value in order to explain what is known about the multiple values of nature. Whether by illustrating and enlivening an existing alternative theory of value or by inspiring a new theory, perhaps this fledgling field of the multiple values of nature is poised to disrupt much broader understandings of what matters to people and why. Read the free Plain Language Summary for this article on the Journal blog.

Citizen science is increasingly being promoted as a means of gathering more data to help inform the management of ecosystems. Involving the participants in the design of data collection activities is a form of co‐design often proposed by those calling for a translational ecology. In addition, novel monitoring approaches have the potential to improve the quality of data collected by citizen scientists. We explored the potential of environmental DNA (eDNA) for vertebrate (mainly fish) species monitoring through a co‐designed catchment monitoring strategy. Having been introduced to the potential of eDNA, citizen scientists designed and executed an eDNA‐based survey of a small chalk stream catchment to explore questions of concern. The eDNA survey provided data about fish and other vertebrate diversity in the catchment which would have otherwise required sampling approaches difficult for citizen scientists. These data give a preliminary answer to some of the citizen scientists' priority questions and are comparable to fish data collected through traditional electrofishing surveys. Recommendations are offered for co‐design and the use of novel research techniques by citizen scientists.

Within the heritage sector there is widespread recognition that the accelerating effects of climate and other changes will necessitate reconsideration of the care of at-risk places and properties. Heritage organisations and agencies are developing new ways to identify and measure future threats, and to prioritise resources accordingly. For some designated assets, it is becoming clear, it may be necessary to manage processes of decline and transformation. Drawing on insights gathered from conversations with natural and historic environment practitioners and regulators, this paper highlights current practice and policy around managed decline, with a focus on the English context. In seeking to address some of the limitations of current approaches, this paper introduces a new conceptual framework: adaptive release. Adaptive release, as presented here, reflects a decision to accommodate the dynamic transformation of a heritage asset and its associated values and significance, with reference to wider landscape settings. The focus is on iterative management over extended timeframes, involving some relinquishment of control and a commitment to ongoing monitoring and interpretation. The concept of adaptive release is presented provisionally, rather than prescriptively, to expand the range of options available to natural and historic environment professionals in responding to inevitable change.

Article impact statement : New collaborations with accounting research can improve conservation impact of ecosystem‐based information systems.

We examined the roles of wing melanisation, weight, and basking posture in thermoregulation in Polyommatus Icarus, a phenotypically variable and protandrous member of the diverse Polyommatinae (Lycaenidae). Under controlled experimental conditions, approximating to marginal environmental conditions for activity in the field (= infrequent flight, long duration basking periods), warming rates are maximised with fully open wings and maximum body temperatures are dependent on weight. Variation in wing melanisation within and between sexes has no effect on warming rates; males and females which differ in melanisation had similar warming rates. Posture also affected cooling rates, consistent with cooling being dependent on convective heat loss. We hypothesise that for this small sized butterfly, melanisation has little or no effect on thermoregulation. This may be a factor contributing to the diversity of wing colours in the Polyommatinae. Because of the importance of size for thermoregulation in this small butterfly, requirements for attaining a suitable size to confer thermal stability in adults may also be a factor influencing larval feeding rates, development time and patterns of voltinism. Our findings indicate that commonly accepted views of the importance of melanisation, posture and size to thermoregulation, developed using medium and large sized butterflies, are not necessarily applicable to small sized butterflies.

Summary: Natural capital is essential for goods and services on which people depend. Yet pressures on the environment mean that natural capital assets are continuing to decline and degrade, putting such benefits at risk. Systematic monitoring of natural assets is a major challenge that could be both unaffordable and unmanageable without a way to focus efforts. Here we introduce a simple approach, based on the commonly used management tool of a risk register, to highlight natural assets whose condition places benefits at risk. We undertake a preliminary assessment using a risk register for natural capital assets in the UK based solely on existing information. The status and trends of natural capital assets are assessed using asset–benefit relationships for ten kinds of benefits (food, fibre (timber), energy, aesthetics, freshwater (quality), recreation, clean air, wildlife, hazard protection and equable climate) across eight broad habitat types in the UK based on three dimensions of natural capital within each of the habitat types (quality, quantity and spatial configuration). We estimate the status and trends of benefits relative to societal targets using existing regulatory limits and policy commitments, and allocate scores of high, medium or low risk to asset–benefit relationships that are both subject to management and of concern. The risk register approach reveals substantial gaps in knowledge about asset–benefit relationships which limit the scope and rigour of the assessment (especially for marine and urban habitats). Nevertheless, we find strong indications that certain assets (in freshwater, mountain, moors and heathland habitats) are at high risk in relation to their ability to sustain certain benefits (especially freshwater, wildlife and climate regulation). Synthesis and applications. With directed data gathering, especially to monitor trends, improve metrics related to asset–benefit relationships, and improve understanding of nonlinearities and thresholds, the natural capital risk register could provide a useful tool. If updated regularly, it could direct monitoring efforts, focus research and protect and manage those natural assets where benefits are at highest risk.