How the environment supports the aims of the LEP

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Presentation transcript:

How the environment supports the aims of the LEP Presentation to Stoke and Staffordshire LEP – June 14th

Context 1. Natural Capital and ecosystems services 2. Government’s 25 year plan for the environment A reduced risk of harm from environmental hazards such as flooding and drought Using resources from nature more sustainably and efficiently Enhanced beauty, heritage and engagement with the natural environment Clean air Clean and plentiful water Thriving plants and wildlife

The case for the environment The capital value of ecosystems in Staffordshire is at least £7.19 billion The services these ecosystems provide are worth at least £111 million a year Natural flood regulation services provided by habitats in Staffordshire are worth £14.5 million a year Monthly or more frequent use of urban green spaces can be valued at between £112 and £377 annually per person in terms of health benefits An assessment of the county’s parks and nature reserves collectively found these sites offer more than £3.3 million annually per person in terms of health benefit I

On the ground in Stoke and Staffordshire Partnership with environmental sector can help: Facilitate infrastructure and housing development planning to create world class urban development Underpin practical projects to support economic development e.g. flood mitigation projects Investment in environmental agenda as part of a wider quality of life/tourism offer for the county

Case study Rugeley Flood Risk Management Scheme - £5.2m (CC/DC/LEP) Reduced risk of flooding to 114 residential and 159 commercial properties Help unlock Rugeley’s potential for growth, attracting investment and creating jobs Conservatively anticipated to lever in £11.7m in retail/commercial/mixed use schemes and £11.5m private sector investment in housing sites. A site has applied for planning permission since the scheme was constructed, creating 60-100 jobs

Case study Sunrise: Delivering a network of green and blue infrastructure improvements across Stoke and urban Newcastle - £3.5 million (ERDF) Better housing developments Improved woods, grasslands, and waterways (200 hectares of improved habitats & 25 km of improved river corridors Better flood mitigation and management of pollution Related health and well-being benefits for residents High reputational value

Case study Transforming the Trent Valley - £3 million (HLF) Improved habitats for wildlife Restored cultural and historical landmarks Better recreational facilities for locals and incoming tourists Related health and well-being benefits High reputational value