Public Estate Value to Society

Synopsis: This Research Paper examines the approach to valuation of public land assets, such as the public estate, within Northern Ireland. It does not attempt to perform valuation of the public estate. Instead an internationally popular framework to manage these complexities as part of decision and policy making processes – natural capital and ecosystem services approach – is introduced and discussed as a concept. Relevant examples where this approach has been applied are discussed with respect to Northern Ireland and other jurisdictions.

Date: 01 May 2025