September 26, 2024

Natural Capital: Reimagining Estate Management for the Future

1 hour 11 minutes

Welcome to a special episode of Hidden Heritage! In this episode, Lady Violet Manners is joined by two exceptional guests: Molly Biddell, head of natural capital for Knepp Estate in West Sussex, and Katie Talbot, a tax trusts and succession lawyer for Charles Russell Speechlys.

Join us as we explore:

Natural Capital and Estates: The role of natural capital for estates and the opportunities and challenges it brings.

Knepp Estate's Rewilding Project: The background behind Knepp Estate's revolutionary 3,500-acre rewilding project and its impact on ecological thinking.

Legal and Financial Perspectives: How estates can navigate the complexities of natural capital initiatives from tax and legal standpoints.

Future of Land Management: Insights into emerging nature markets and the evolving landscape of estate management.

Key Points

00:00:04 - Introduction of Molly Biddell and Katie Talbot

00:01:22 - Overview of Knepp Estate's rewilding project

00:03:17 - Explanation of Knepp Estate's location and history

00:04:17 - Katie Talbot defines natural capital and its relevance to estates

00:06:43 - Discussion on responsible land ownership and societal expectations

00:08:33 - Molly Biddell explains the concept of rewilding

00:10:37 - The story behind Knepp Estate's transition to rewilding

00:15:46 - Impact of rewilding on biodiversity at Knepp Estate

00:18:01 - Katie Talbot on advising estates considering natural capital initiatives

00:21:54 - Molly's first destination recommendation: Duart Castle on Mull

00:23:53 - Challenges and opportunities in natural capital for estates

00:40:07 - Katie's destination recommendation: Sudeley Castle in Gloucestershire

00:45:19 - Discussion on biodiversity net gain (BNG) and its implications for estates

00:48:46 - Molly on creating habitat banks and emerging nature markets

00:54:21 - The role of Knepp Estate in evolving models of natural capital

00:56:41 - Katie on legal frameworks supporting nature-based solutions

01:05:23 - Molly and Katie's joint destination recommendation: The Purbeck Coast in Dorset

Guest Info

Molly Biddell

is the head of Natural Capital for Knepp Estate in West Sussex. She works on developing the business case for nature restoration and exploring emerging nature markets. Molly also works for her family's regenerative farming business in Surrey.

Katie Talbot

is a tax trusts and succession lawyer for Charles Russell Speechlys, an international law firm. She focuses on private capital at the intersection of personal, family, and business matters.

About

Step inside Britain's greatest Historic Houses, gardens, and family homes through HeritageXplore, your digital gateway to discovering heritage today. Visit

www.heritagexplore.com

Links and Resources

Knepp Estate

Charles Russell Speechlys

Duart Castle, Mull

Sudeley Castle

The Purbeck Coast

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