Natural capital is the essence of all goods and services and it plays a pivotal role in all of our lives. Natural capital can be broadly split into two categories, non-renewable assets such as gas and coal and renewable natural assets, such as fisheries. It is estimated that these two categories underpin much of the world economy, with $44 trillion highly or moderately dependant on nature and its resources. Traditionally, natural capital has not been taken into account on corporate balance sheets and it has not factored into decisions that have caused significant damage to natural resources.
Key learning objectives:
Understand what three activities are primarily contributing to a decline in natural capital
Learn more about different mechanisms that can be used to slow the loss of biodiversity
Understand different types of reporting and disclosure that are enabling organisations to identify their direct and indirect impacts on natural capital
Explore avenues to transition to a natural positive economy
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