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Exploring Natural Capital Opportunities, Risks and Exposure
Image shows bees on honeycomb
The Challenge

The accelerating pace and potential impacts of climate change, the degradation of nature and the loss of biodiversity, create risks for businesses which are not always recognised or well understood, but which have an impact on the economy. Financial institutions have already seen losses from droughts and extreme weather, for example, and many are increasingly looking to see how they can better incorporate these risks into business decisions.

Our Approach

ENCORE (Exploring Natural Capital Opportunities, Risks and Exposure) is a tool to help users better understand and visualise the impact of environmental change on the economy. By focusing on the goods and services that nature provides to enable economic production, it guides users in understanding how businesses across all sectors of the economy depend and impact on nature, and how these dependencies and impacts might represent a business risk.


Natural Capital Finance Alliance, UNEP Finance Initiative