farmers and planners
DESCRIPTION
Conference sponsored by National Farmers' Union at Harper Adams University College, November 2012. Presentation on future of farming for planning officers and consultants.TRANSCRIPT
Charles CowapMBA MRICS FAAV
Planning for Farming’s FutureRTPI/NFU Conference
Harper Adams
9 November 2012
Charles Cowap
Chartered Surveyor
Harper Adams University College
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
NEW LAND MANAGEMENT REQUIREMENTS ARE EMERGING
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
ECOSYSTEM SERVICESIncluding
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Natural Environment White Paper
June 2011
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
RICS Thinkpiece: November 2012• Royal Charter
– Promote the usefulness of the profession to public advantage
• New opportunities in land management
• New ways of working in development
• New points to reflect in conventional valuations
• New types of valuation
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Top 10 Business Opportunities
1= Biodiversity Offsetting (BDO) and Conservation Banking• Estimated size of market £50 – 300 million
pa from housing, plus other sectors• Brokerage, certification and registration• Additional costs to builders/developers
deducted from land value
1= Peatland Carbon Code and Carbon Credits• Peat restoration for carbon storage• Management schemes and incentives• Certification and brokerage
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
2. Woodfuel and Woodburning Stoves
3. UK ecosystem knowledge economy
4. Layered PES– Different Environmental Services
to different buyers– Eg
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
6. Carbon sequestration
7. Sustainability certification– Opportunities for
intermediaries
8. Sustainable tourism
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
9= Global centre of excellence in ESS certification
9= Water re-use technology
11 Reducing insurance risk through green infrastructure
12 Environmental bonds
http://www.valuing-nature.net/opportunities-uk-business-protect-and-value-natures-services-report-published-today [accessed 19 July 2012]
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
http://bit.ly/REeUat [7 November 2012]
Twitter - #agrichatuk 1 November 2012
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
@bcualisterscott [8 November 2012]https://twitter.com/bcualisterscott
[8 November 2012]
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Key trends from the Foresight Report
Drivers:• Demographic Change• Economic growth(?),
changing global economic conditions
• Climate change• New technologies• Societal preferences and
attitudes• Policy and Regulatory
Framework
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Other key trends from the Foresight Report
Lead to 3 key challenges
• + Demand for land in south-east
• Climate change and land use
• Delivery of public goods and services
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
APPROACHES FOR THE ESTIMATION OF NATURE’S VALUES
From TEEB Foundations, Chapter 5
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Foresight Land Use Futures 2010
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Market Analysis
Group Valuation
Contingent Valuation
Cost Methods
Replacement Cost
Methods
Avoided Cost
Methods
Deliberative Valuation
Regime Shift Analysis
Insurance ValueResilience
Value Risk Analysis
Ecological Footprint
Mitigation Cost
MethodInput/Output
Analysis
Joint Analysis
Production Function
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Shorter term trends identified by Warwick Business School/Local Govt Association
• Ageing population
• Health
• Families in Crisis
• Climate Change
• Local Economic Development and Regeneration
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Shorter term trends identified by Warwick Business School/Local Govt Association
Leading to:
• Diverse governance frameworks
• Different relationship between
– State (public)– Markets (private)– Civil Society (3rd Sector)
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Rural Scenarios Project
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Primary Production Countryside
Sta
keho
lder
Cou
ntry
side
Entrepreneurial C
ountryside
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Primary Production Countryside
• Farming, Forestry, Minerals• Food, fibre, raw materials, energy• Land hungry
Competencies• Specialist Markets• Supply chains/contract management• Cost and quality challenges• Technical expertise
Generic strategy: Cost leadership??
Charles CowapMBA MRICS FAAV
Stakeholder Countryside
• Policy-driven and Initiative-led• Follow the funding• Extensive land use?Competencies• Networking, political nous• Presentation• Negotiation• AdaptationGeneric strategy: Differentiation??
Charles CowapMBA MRICS FAAV
Entrepreneurial Countryside
• Market-led, local and small in scale?• Limited land requirement, but value?
Competencies• Marketing• Opportunism• Promotion• Customer-service/relations• Strategy and Finance
Generic Strategy: Focus??
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
A Farmer Typology, 1999
A typology of FarmersAgribusiness
men5%
Potential Diversifiers
17%
Contented Monoactives
25%
Pluriactive successors
15%
Hobby Farmers
8%
Struggling Monoactives
30%
Shucksmith M (1999) Structural changes in British Agriculture beyond 2000, Paper at Roots 1999, London, RICS
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Rural Futures: French Rural Society to 2020
Generalised residential countryside
Sustainable towns and corporate large farms
Towards the nature countryside
Active and competitive rural areas
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Economic efficiency
Env
ironm
enta
l de
velo
pmen
tEconomic
Environmentalist
Global Trader
At One with Nature
Dog and Stick
A Farm Scenario?
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Questions?
Charles CowapMBA MRICS FAAVCharles CowapMBA MRICS FAAV
Contact Details
In-house CPD programmes, professional-technical updates, organisational consultancy, and more:
07947 706505
Twitter: @charlescowap
Blog: http://charlescowap.wordpress.com/
Slideshare: http://www.slideshare.net/cdcowap