Nature’s intrinsic value is priceless and conservationists are always alarmed when it is described as an economic asset, but the concept of natural capital is a perspective on its anthropocentric value alone. Natural capital accounting helps businesses internalise changes in the value of nature’s stocks and services that they are responsible for or depend upon.…
Impact measurement and valuation is the collection of quantitative impact data and its conversion into dollar values. This is challenging – current methodologies are experimental – but the benefit is the information it provides to business managers and responsible investors and lenders, enabling the comparison of projects, calculations of cumulative impact and informed decision making.…
Nature capital accounting tools comprise a very broad array of reporting frameworks, accounting methodologies, reporting standards, ecosystem services models, externality valuation methods, lifecycle analysis tools and certification systems. These help a business identify, quantify, model, map and value natural capital impacts, dependencies and assets to inform business decision-making and reporting and engage leaders on change.…
Heliocene 