On top of quantifying the impacts of climate risk on loan books, assets portfolios and insurances lines, banks will also need to assess ‘natural capital’ impacts of its own footprint and that of its customer base.
From around the web
Soil scientists have set out a Europe-wide framework for developing a natural capital accounting structure for soil which considers the impact of land use change, climate change and pollution.
Natural capital is the world’s stocks of natural assets including soil, air, water and all living things, which combine to create an ecosystem that makes life possible.
The recently released Natural Capital Protocol promises to give business a new appreciation of the ecosystem services on which they rely.
The OECD has launched a Roundtable on Financing Water to promote investments in maintaining water security and achieving the water-related SDGs.
In a world first, this new Deloitte Access Economics calculates the total economic, social and icon asset value of the Reef.
Ahead of this year’s general election, New Zealand's beef and sheef sector have laid out a set of key priority policy areas, including the incorporation of natural capital accounting for land use policy.
WAVES, a global partnership program led by the World Bank which started in 2012, is aimed at assisting countries to compile natural capital accounts for their key natural resources.
It’s time water companies’ 25-year business plans went beyond accounting only for financial capital and included natural, social and human capital as well.
Data previously used to register land ownership is now being used to track changes in land use and provide information for development planning.