When the draft of the Natural Capital Protocol was released for public consultation, over 100 comments focused on the need to address biodiversity differently.
When it comes to valuing the natural world, biodiversity has always been a thorny issue. It is a key component of natural capital ‘stock’ and it is the interactions between biodiversity and non-living natural capital that generates most of the ‘flows’ that benefit society. However, when it comes to quantifying these values, biodiversity is often a major challenge, with many of its benefits missing, hidden or extremely complex to quantify.
In recognition of these challenges, the Coalition has launched a new project to strengthen the way biodiversity is covered in the Protocol.
To lead the project, the Coalition has partnered with the Cambridge Conservation Initiative (CCI), a collaboration between the University of Cambridge and nine biodiversity-focused conservation organisations.
As with all Coalition projects, this project will be collaborative and involve the diverse range of interests and expertise that already exist in this field within business, government, conservation, science and academia, finance and standard setting. It will agree on the key challenges and produce practical solutions.
If you are interested in getting involved there are several levels of engagement:
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Download this PDF here.