Promoting natural capital accounting
To encourage the incorporation of natural capital into national and enterprise accounts can support better financial and economic decisions as well as influence spending and investment in the medium to long term. Natural assets are the “the naturally occurring living and non-living components constituting our biophysical environment." They produce ecosystem services that provide great economic benefit to humanity and the planet but tend to receive inadequate financing of policy support. Better economic accounting for natural capital can assist policy makers better incorporate ecosystem services and natural capital in decision making.
Avoid
Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).
Avoid
Realign
Any measure that can re-orient and realign existing financial flows towards biodiversity conservation.
Realign
Regulatory
Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.
Regulatory
Public
Private
Agriculture
Agriculture
Fishing
Fishing
Forests
Forests
Protected Areas
Protected Areas
Water
Water
Natural capital accounting-natural capital protocol - corporate natural capital accounting
Every business impacts and depends on natural capital to some degree and will better manage risks and opportunities associated with natural capital if they seek to integrate natural capital accounting into decision making. All impacts and dependencies create costs and benefits for the business and society. Understanding these connections can better inform corporate decision makers, investors, and clients. The natural capital protocol provides detailed guidance to enterprises.
Avoid
Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).
Avoid
Realign
Any measure that can re-orient and realign existing financial flows towards biodiversity conservation.
Realign
Regulatory
Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.
Regulatory
Private
Agriculture
Agriculture
Energy
Energy
Finance
Finance
Fishing
Fishing
Forests
Forests
Infrastructure
Infrastructure
Manufacturing
Manufacturing
Mining
Mining
Tourism
Tourism
Trade
Trade
Water
Water
Natural capital accounting-national accounts
National-public-natural capital accounts measure the stocks of natural capital and flows of services supplied by them. Methodologies and international standards exist for calculating forests, land and water accounts, while more experimental exercise are being piloted for biodiversity and ecosystems. The incorporation of natural capital into national accounts can support better financial and economic decisions as well as influence spending allocations in the long term.
Avoid
Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).
Avoid
Realign
Any measure that can re-orient and realign existing financial flows towards biodiversity conservation.
Realign
Regulatory
Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.