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 * About
 * What is PES
    * Overview of PES
    * Overview of Water Quality Trading

 * Nature Fund
 * Reports
    * Global Ecosystem Banking Initiatives
      * Example schemes from around the world
    * Review and analysis of Pembrokeshire case studies
      * First Milk Nutrient Offsetting Project
      * Castlemartin Peninsula – Integrating Natural and Social Resources
      * Bluestone Resorts Ltd
      * Catchment Sensitive Farming Deepford Brook
      * Llys Y Fran
    * Land Manager Assessments – Credits
    * Credit Purchasing Potential Assessment – Debits
    * Ecobank Toolkit
    * Ecobank Business Development Plan – Recommendations for Project
      Implementation
    * Figures
    * Appendices

 * Contact Us
 * Members

 * About


 * WHAT IS PES
   
   * Overview of PES
   * Overview of Water Quality Trading
 * Nature Fund
 * Reports
   * Global Ecosystem Banking Initiatives
     * Example schemes from around the world
   * Review and analysis of Pembrokeshire case studies
     * First Milk Nutrient Offsetting Project
     * Castlemartin Peninsula – Integrating Natural and Social Resources
     * Bluestone Resorts Ltd
     * Catchment Sensitive Farming Deepford Brook
     * Llys Y Fran
   * Land Manager Assessments – Credits
   * Credit Purchasing Potential Assessment – Debits
   * Ecobank Toolkit
   * Ecobank Business Development Plan – Recommendations for Project
     Implementation
   * Figures
   * Appendices
 * Contact Us
 * Members

A Nature Fund Project funded by Welsh Government Testing the validity of a
market-based offsetting scheme Exploring new ways to improve catchment water
quatlity Developing a potential structure of a PES scheme A review of Global
Ecosystem Banking Initiatives A catchment based approach to reduce nitrates
Identifying land to enter an offsetting programme







EEP – ECOBANK

The aim of the Ecosystem Enterprise Partnership – Ecobank(EEP-Ecobank) is to
work with land managers, industry, conservation managers and communities to
allow the potential growth of Pembrokeshire’s economy while improving the
environment of the Milford Haven and Cleddau catchment.

Context
There is a growing concern over the loss of biodiversity in Pembrokeshire
with the majority of Pembrokeshire Marine SAC features in unfavourable
conservation status and nutrient loading into the Milford Haven  identified as a
key priority action. The waterway is considered as being “full” with no headroom
in the Milford Haven catchment, this presents a potential barrier to development
and therefore any future schemes requiring a permit to discharge into the
catchment will require some form of offsetting scheme.

The EEP-Ecobank has emerged in response to growing recognition of the need to
create a new, innovative and collaborative approach to how we manage our natural
resources. The project aim was to carry out a feasibility study testing the
validity of a market-based offsetting scheme that provides a streamlined,
consistent and robust nutrient assessment process.

This website provides full access to the feasibility study conducted in 2015 and
a background to Payment for Ecosystem Services, alongside the Building Resilence
Into Catchments (BRICs) development plan.




BUILDING RESILIENCE INTO CATCHMENTS

Through the Building Resilience into Catchments(BRICs) project further
developments are being made to create an enterprise capable of running a
nutrient based trading scheme.  BRICs is a 3 year(2017-2019), £600,000+ project,
led by the Pembrokeshire Coastal Forum and PLANED. It is funded under the Welsh
Government’s Rural Communities – Rural Development Programme Sustainable
Management Scheme (SMS) which aims to support activities that will improve the
management of Wales’ natural resources, and in doing so contribute to the
well-being of our rural communities. BRICs is a combination of on the ground
actions to improve water quality with the creation of a nutrient trading scheme
which will allow the economy of Pembrokeshire to grow while improving the
natural environment.




A DELIVERY FRAMEWORK FOR A PAYMENT FOR ECOSYSTEM SERVICES (PES) BASED NUTRIENT
TRADING SCHEME FOR THE MILFORD HAVEN AND CLEDDAU CATCHMENT

Work Package 1 shows the drivers for nutrient trading in the Milford
Haven/Cleddau Catchment and describes the structure for a PES based scheme.
1. The range of different schemes, drivers for implementation, costs and
benefits
2. Implementation structures – who operates the scheme, how it is managed,
operating costs, connections to permits and planning conditions, how it is
regulated, compliance monitoring, perpetuity of agreement to secure measure,
long term sustainability
3. Structure should clarify, minimise and manage risks to all parties involved

View Report - Work Package 1 (of 4) Drivers & Structure for nutrient trading


Work Package 2 describes how to quantify a measured reduction of nutrients over
a determined time frame, the management actions that will be used to achieve the
reductions, and how these actions will fit alongside any relevant regulation and
emerging policies
1. Scientific basis for assessment of measurements for nutrient reductions for
both landowner conservation management measures and developer site activities
requiring offsetting
2. Examples of management actions to reduce nutrients and confidence in
measurement of reduction
3. An assessment of why current land management practices to reduce nutrients
are undertaken / not undertaken to guide any recommended management actions
4. UK / EU legislative frameworks and how the scheme would fit into existing
regulations

View Report - Work Package 2 (of 4) Quantification of nutrient reduction through
management actions


Work Package 3  demonstrates how the scheme will be implemented including
inception, monitoring, review, of on farm works. Including roles,
responsibilities, and transaction models while demonstrating the financial case
for long term scheme sustainability.
1. Three year project development implementation plan with tools needed to
deliver the scheme, i.e. contract templates, options for landowner engagement,
process for evaluating/approving/tracking on farm measures.
2. Financials – how the project will be financially supported during
implementation.
3. Robust business case for long term project sustainability and exit strategy
from public sector seed funding.
5. Scope for pan-Wales implementation.

View Report - Work Package 3 (of 4) Implementation Plan


Work Package 4 incorporates the three previous work packages to produce a robust
development plan for the Milford Haven/Cleddau Catchment while considering the
ability to scale or replicate the approach where appropriate.
1. Developed in close liaison with the BRICs key stakeholders a final project
report will be produced taking into account WP deliverables 1, 2, and 3 which
will form the basis of how to take the project into operation.

View Report - Work Package 4 (of 4) Development Plan for setting up a nutrient
trading body in Pembrokeshire.


FINDINGS FROM THE 2015 EEP-ECOBANK FEASIBILITY STUDY




 * GLOBAL ECOSYSTEM BANKING INITIATIVES
   
   
   
   View More


 * REVIEW AND ANALYSIS OF PEMBROKESHIRE CASE STUDIES
   
   
   
   View More


 * LAND MANAGER ASSESSMENTS - CREDITS
   
   
   
   View More


 * CREDIT PURCHASING POTENTIAL ASSESSMENT - DEBITS
   
   
   
   View More


 * ECOBANK TOOLKIT
   
   
   
   View More


 * RECOMMENDATIONS FOR PROJECT IMPLEMENTATION
   
   
   
   View More


WORKING WITH

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FIND US

Pembrokeshire Coastal Forum
1st Floor,
Pier House,
Pembroke Dock,
Pembrokeshire, SA72 6TR
Tel 01646 405693/405694/405696

OUR PARTNERS

Welsh Government
Natural Resources Wales
Pembrokeshire County Council
Pembrokeshire Coast National Park
Port of Milford Haven
RWE



PARTNERS CONTINUED

Welsh Water Dwr Cymru
PLANED


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