Review of approaches for the assessment of marine Natural Capital in the context of UK marine environmental policy and management

The policy and regulations governing marine environmental assessment, monitoring and management are founded in the application of the Ecosystem Approach1, e.g. UK Marine Policy Statement, UK Marine Strategy (2019), OSPAR, marine plans. An Ecosystem Approach requires equitable consideration of environmental, social and economic issues. The 25 Year Environment Plan (25YEP) (2021) recognises that the full value of the benefits offered by the environment and cultural heritage needs to be assessed in order to make appro...