Valuing Culture and Heritage Capital Conference

Valuing Culture and Heritage Capital Conference

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Date and time

Location

Online event

The conference is held in collaboration between DCMS, AHRC, Historic England and Arts Council England.

About this event

The Culture and Heritage Capital Programme was launched in January 2021 with the publication of ‘Valuing culture and heritage capital: a framework towards informing decision making’. A culture and heritage capital approach to policy and decision making considers the full value of culture and heritage to society. For a short introduction to the Culture and Heritage Capital Programme view this video from Lord Mendoza.

You will hear from experts and leaders in the sector who will be discussing the importance of this work, how it is being delivered and how you can use the resources made available by DCMS and partners. This will be a key opportunity for stakeholders to shape the programme going forward and give feedback.

Confirmed speakers include:

  • Nigel Huddleston MP, Minister for Sport, Tourism, Heritage and Civil Society
  • Professor Christopher Smith, Executive Chair, AHRC
  • Lord Mendoza, Commissioner for Cultural Recovery and Renewal at DCMS
  • Sir Laurie Magnus, Chairman of Historic England
  • Darren Henley, Chief Executive of Arts Council England
  • Ian Bateman, Professor of Environmental Economics at University of Exeter
  • May Cassar CBE, Professor of Sustainable Heritage at UCL
  • Helen Chaterjee, Professor of Biology at University College London
  • David Throsby AO, Professor of Economics at Macquarie University
  • Patrycja Kaszynska, Senior Research Fellow at University of Arts London
  • Adala Leeson, Head of Socio-Economic Analysis and Evaluation at Historic England
  • Andrew Mowlah, Director of Research at Arts Council England
  • Harman Sagger, Head Economist for Arts, Humanities and Tourism at DCMS

A full agenda will be added here closer to the event.

The conference will be held on zoom and will be recorded. You can opt to switch your video off for privacy as required.

If you have any questions ahead of the event contact chc@dcms.gov.uk.

Further information about the Cultural and Heritage Capital Programme

Currently there is no agreed approach to measuring the benefits of culture and heritage and as a result these important benefits are often underrepresented in funding decisions, leading to an underinvestment in these assets. A culture and heritage capital approach to policy and decision making considers the value of culture and heritage to society. DCMS will publish research, data, guidance and tools to help organisations make a stronger case for investment in culture and heritage assets. The approach will enable organisations to use more evidence based methods within the decision making and funding bids. These aims are consistent with the HM Treasury Green Book principles. Further information can be found on the Culture and Heritage Capital portal.

Agenda (subject to change)

9:00 - Minister’s Opening Remarks

  • MP Nigel Huddleston, Minister for Sport, Tourism, Heritage and Civil Society

9:05 - Introduction to the Culture and Heritage Capital Programme

  • Harman Sagger, Head Economist for Arts, Heritage and Tourism
  • Jack Philips, Lead for Culture and Heritage Capital Programme
  • Shivani Haria, Culture and Heritage Capital Programme

9:25 - Session 1 - Why is the Culture and Heritage Capital Approach important?

Chaired by Lord Mendoza, Commissioner for Cultural Recovery and Renewal

  • 9:30 Priorities for research and the valuation of culture and heritage capital
    • Prof. Christopher Smith, Executive Chair at AHRC
  • 9:40 The importance of valuing heritage
    • Sir Laurie Magnus, Chairman of Historic England
  • 9:50 The importance of valuing the arts
    • Dr Darren Henley OBE, Chief Executive at Arts Council England
  • 10:00 Panel Discussion and Q&A

10:20 - Break

10:30 - Session 2 - Turning theory into practical guidance

Chaired by Prof. Helen Chatterjee, UCL

  • 10:35 The key concepts for valuing culture and heritage
    • Prof. David Throsby AO, Professor of Economics, Macquarie University
  • 10:45 The Natural Capital Approach
    • Prof. Ian Bateman OBE, Professor of Environmental Economics, Exeter University
  • 10:55 Heritage Science and Cultural Value
    • Prof. May Cassar CBE, Professor of Sustainable Heritage, UCL
  • 11:05 The CHC Scoping Study
    • Dr Patrycja Kaszynska, Senior Research Fellow, Social Design Institute, UAL
  • 11:15 Q&A

11:30 - Break

11:40 - Session 3 - Workshops - Implementing the Culture and Heritage Capital Approach

Chaired by Harman Sagger, Head Economist for Arts, Heritage and Tourism, DCMS.

  • 11:45 Workshop 1 - DCMS and ALBs Case Studies
    • Jack Phillips & Shivani Haria, DCMS
    • Adala Leeson & Brenda Dorpalen, Historic England
    • Andrew Mowlah, Arts Council England
  • 12:05 Workshop 2 - Methods and guidance of measuring use and non-use value: The Economic Value of Culture and Heritage
    • Dr Daniel Fujiwara, CEO of Simetrica-Jacobs, Visiting Fellow at LSE
    • Hasan Bakhshi MBE, Director of the Creative Industries Policy and Evidence Centre (PEC), Nesta
    • Dr Madeleine Arber, Simetrica-Jacobs
  • 12:25 Workshop 3 - Coventry City of Culture
    • Graham Russell, Chief Executive of Amion Consulting
  • 12:35 Q&A

12:55 - Closing remarks

  • Harman Sagger, Head Economist for Arts, Heritage and Tourism

13:00 - Conference Closed