000			02100nam a22002777a 4500
008			241106t2024 xxk|||||o|||| 00| 0 eng d
020			_a9781783215270
041			_aeng
100			_aCameron, Ian
110			_aRoyal Institution of Chartered Surveyors
245			_aImpact of carbon markets on the rural economy _h[Electronic resource]
250			_a1st
260			_aLondon, _bRoyal Institution of Chartered Surveyors, _cNovember 2024
490			_aRICS Practice Information
520			_aThis paper offers a comprehensive overview of how UK and global carbon markets create new opportunities and challenges for British agriculture, forestry, and the valuation industry. It aims to raise awareness of diverse soil carbon sequestration projects (SCSPs) and their potential to incentivise landowners to engage in carbon sequestration. By examining pathways to connect SCSPs with the finance sector and exploring stakeholders' perspectives, the paper outlines potential valuation methods for rural assets with carbon projects. Using examples such as the Woodland Carbon Code, it highlights the complexities of carbon markets and encourages a collaborative approach to valuing natural resources in the UK. Rather than prescribing a fixed method for incorporating carbon credits into valuations, this paper initiates a discussion around the challenges and opportunities in this evolving field. By presenting perspectives from landowners, the finance sector, and the valuation industry, it proposes avenues to further this critical dialogue and foster a more informed approach to sustainable valuation practices.
650			_aCARBON
650			_aCARBON CREDITS
650			_aNET ZERO
650			_aSOIL
651			_aUnited Kingdom
690			_aEnvironment _96238
700			_aCameron, Ian
710			_aRoyal Institution of Chartered Surveyors
856			_uhttps://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/land-standards/impact-carbon-markets-rural-economy-1st-edition-practice-information-uk _zAvailable free on RICS.org
942			_n0
999			_c122054 _d122054