This case study, completed under the EU-funded Natural Capital Accounting and Valuation of Ecosystem Services (NCAVES) project, examines alignment between the natural capital accounting approach of Ambuja Cement in India - one of India’s leading cement manufacturers and a subsidiary of Holcim - with the System of Environmental-Economic Accounting (SEEA).
The main objectives of the NCAVES project include improving the measurement of ecosystems and their services (both in physical and monetary terms) at the (sub)national level; mainstreaming biodiversity and ecosystems in (sub)national level policy-planning and implementation; and contributing to the development of internationally agreed methodology and its use in partner countries.
To reach these objectives, there is a need to bring together the public and private sectors to look at the intersection of business accounting and the SEEA, particularly with regards to ecosystems and ecosystem degradation and restoration.
Related Case Studies
