UK peatland restoration: Some economic arithmetic

Over 80% of UK peatlands are degraded to some extent and their widespread restoration could contribute to meeting various climate change, water quality and biodiversity policy challenges. Economic analysis of costs and benefits is, however, hampered by scientific uncertainty and a lack of data on biophysical conditions as well as the impacts and costs of restoration. This paper presents a simple ‘ready-reckoner’ of possible net economic benefits...