Source: https://tendernation.io/opportunities/01a13c1b-4108-71d4-b716-d885d82c2206/an-assessment-of-the-natural-capital-of-the-uk-overseas-territory-of-the-british closed GB open procedure # An assessment of the Natural Capital of the UK Overseas Territory of the British Virgin Islands [JNCC Support Co](https://tendernation.io/buyers/jncc-support-co) Estimated value £120,000 Published 13 Jun 2017 Deadline Closed 5 Jul 2017 ## Who can bid - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender The Caribbean Overseas Territories (Anguilla, British Virgin Islands, Cayman Islands, Montserrat and Turks and Caicos) the South Atlantic Overseas Territories (Falkland Islands, St Helena, Ascension, Tristan and South George) are highly dependent on the natural environment for their economic and social wellbeing. The Territories are also reliant on very limited manmade assets. In the Caribbean in particular these manmade capital assets, and human life, are vulnerable to both natural and manmade disasters. The natural environment is itself susceptible to damage from human activities - resulting in loss of value to the economies of the Territories - but also provides a key role in protecting man made assets and protecting human well being. JNCC has initiated a suite of projects to integrate satellite data, Geographic Information Systems (GIS) and economic assessments of environmental goods and services (derived from natural capital) with the following objectives: - establish the Total Economic Value (TEV) of the terrestrial and marine natural environment to each of the ten listed Territories; ii. identify the priority natural capital assets and measurable attributes (Natural Capital Metrics) to monitor changes in value through time; iii. integrate natural capital valuations into national mapping (GIS) to define the spatial distribution of these natural assets (Value Mapping) and to promote the integration of such valuations into planning and policy making to improve long-term economic growth. The British Virgin Islands (BVI) has one of the most tourism dependent economies in the world contributing almost 80% to the GDP of the islands. The main attractions in the BVI include dive tourism, boating services and yacht charters, all of which directly benefit from services provided by local ecosystems such as coral reefs, sea grass beds and mangroves. In addition to supporting the important tourism sector, the BVI's ecosystems provide recreational opportunities for the local population, serve as hurricane shelters for vessels, protect coastal and inland infrastructure, prevent soil and beach erosion and provide research opportunities. In the context of the proposed study, these and other benefits provided by ecosystems are referred to as ecosystem services. Additional information: If your are unable to access the above tender documents, please follow the link below to review and download all procurement documents including the ITT. [jncc.defra.gov.uk/page-7431](http://jncc.defra.gov.uk/page-7431) Read full description ## CPV classification Environmental services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/fa74c9d8-3f7c-4b4a-b05a-c671aed6de6a) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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