Climate change is impacting on the natural world and the services that nature provides to us and on which we depend.
Traditionally, we have taken these services for granted. Failing to include them in our decisions, and decreasing their capacity to support life is only worsening this situation. In order to address this, a new concept for valuing natural capital has been picked up by many organizations.
The Natural Capital Protocol provides a flexible decision-making framework which allows organizations to identify, measure and value their impacts and dependencies on the natural world.
The NCFA has partnered with the Natural Capital Coalition and the Dutch Association of Investors for Sustainable Development to develop a Finance Sector Supplement that provides a framework and guidance for FIs to measure and value impacts and dependencies on natural capital and thus better assess risks and opportunities. The draft Supplement was launched for a 3-month consultation period in June to get input from the finance community through workshops, pilots with FIs, and online consultation.