RICS lists three hazards to land-owning
RICS has just published the report, which indicates the possible threats to land-ownership in the United Kingdom. Although the aim of the report was to explore the possible scenarios rather than predict certain circumstances, 3 major threats were determined. Resilience of agricultural business Famers need to develop resilience to face the reduced support in terms of agricultural policy and increased volatilities of world markets. Also, climate changes might bring some uncertainty of their future, which will require substantial investments to reduce the effects of natural disasters. Substantial disintegration is expected to evolve in terms of operation and management of farm businesses. Especially this will be evident in terms of gaining access to the land. Experts believe that businesses need to be as flexible and diversified as possible, having both, agricultural and non-agricultural enterprises. Land management and use Social pressures are expected to be put on land use. Changes in land use and management might contribute to amelioration of water quality, biodiversity, protection of soil carbon, etc. This can be achieved by planting trees, and/or stop intensive use of land. Collective businesses initiatives In some cases businesses will be better off when acting collectively rather than individually. These include water, biodiversity and waste management, marketing, renewable energy, etc. Businesses might also consider opening tourism enterprises based on forest recreation and farm-based accommodation.
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