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The charity making life better by water

Mute swan swimming across canal in front of closed lock gates

Natural capital baseline technical report

This report provides a systematic and consistent framework to measure the value of the natural assets that we manage and are responsible for through a natural capital account baseline, for 2023.

Our 2,000-mile canal network plays a vital role in supporting water security, generating renewable energy, regulating urban temperatures, sequestering carbon and enhancing air quality. It also provides accessible spaces for recreation, contributes to physical and mental health and wellbeing, and creates opportunities for education, volunteering and community engagement. Together, these services demonstrate the key role of the canal network as nationally important infrastructure.

This report provides a systematic and consistent framework to measure the value of the natural assets that we manage and are responsible for through a natural capital account baseline, for the year 2023. This publication presents an initial application of that framework.

Economic impact of our canal network

Our economic contribution can be summarised through three impact channels

Canals: vital connectors for nature and people

Our canal network plays a vital role in nature recovery and connectedness across England and Wales

Impact of our network of canals and waterways

As a charity, we are committed to proving the full breadth of impacts our waterways offer through our own and partnered research

Last Edited: 27 August 2026

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