Abstract
The importance of Natural Capital (i.e. the natural systems and their deriving ecosystem services) has been the focal point of recent policy instruments (UN, 2012) and has shaped regulatory changes in the UK water sector (Defra 2016, OFWAT 2015). Water companies need to become resilient to the challenging current urban and rural contexts and reform their asset management practices to meet the new regulatory demands.
The talk explores how the synthesis of methods and tools from a spectrum of disciplines can serve as a mechanism to respond to the challenges faced by the water sector in terms of their asset management practices, environmental compliance and economic planning.
Based on an industrial case study, a novel and transdisciplinary approach is demonstrated, which allows for the design and implementation of catchment-based asset management strategies and the assessment of their environmental impacts and whole-life value. The holistic and structured methodology introduced, expands the scope of asset management so that catchments are modelled and managed as asset systems.
The talk explores how the synthesis of methods and tools from a spectrum of disciplines can serve as a mechanism to respond to the challenges faced by the water sector in terms of their asset management practices, environmental compliance and economic planning.
Based on an industrial case study, a novel and transdisciplinary approach is demonstrated, which allows for the design and implementation of catchment-based asset management strategies and the assessment of their environmental impacts and whole-life value. The holistic and structured methodology introduced, expands the scope of asset management so that catchments are modelled and managed as asset systems.
Original language | English |
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Publication status | Published - 13 Jul 2016 |
Event | 1st WIRC Water Science & Engineering conference - University of Bath, Bath, UK United Kingdom Duration: 13 Jul 2016 → 14 Jul 2016 |
Conference
Conference | 1st WIRC Water Science & Engineering conference |
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Country/Territory | UK United Kingdom |
City | Bath |
Period | 13/07/16 → 14/07/16 |