Mark Gough, Executive Director, Natural Capital Coalition
So this is our second review of progress within the natural capital movement.
With so much happening, it’s not an easy task.
This year the wider finance community has begun to recognize the need to move beyond climate and Environmental Social Governance approaches if they are to continue to be successful; a process expedited in part by the release of the Finance Sector Supplement to the Natural Capital Protocol.
In 2018 we also launched the Forest Products Sector Guide to the Protocol, developed by WBCSD and PwC on behalf of the Coalition.
Perhaps most exciting though is the groundswell of new activity that we’re witnessing across all levels of society, and across most of the world. One indicator of this is the 30 Natural Capital Regional Platforms currently under development. As you will see as you read through this short report, many new people and organizations have acknowledged the benefits of applying natural capital thinking, and have joined our community. Programs of work connecting the green economy and natural capital movements, as well as the Government Dialogue on Natural Capital, and our Combining Forces initiative are moving us beyond a focus on private sector applications, and towards the establishment of an international enabling environment for natural capital approaches.
A seminal moment in 2018 is the week of events in Paris where we launch this report, and where 13 leading organizations are coordinating their events and purpose in the same city and at the same time, demonstrating the strength, alignment and collaborative nature of the wider community.
We have to be realistic though about our progress. There is still a long way to go, and our annual survey has identified significant challenges as well as successes.
Beyond this report you will find lots more about the natural capital landscape on our Natural Capital Hub, which now sits on the front page of our website.
Read the full report here.