This publication is a takes stock of existing initiatives and applications relevant for valuing natural capital. A baseline of existing initiatives is provided in order to inform the Natural Capital Protocol project. It is also intended to be a useful resource to demystify the growing volume of natural capital relevant initiatives emerging from the private and public sectors. The following existing initiatives have been reviewed and are summarised:
- Business engagement initiatives.
- Methodologies, tools and initiatives relevant to measuring, managing and valuing natural capital in business and investor decision making.
- Initiatives relevant to using natural capital valuation in business applications eg, strategy, management (at organisation or supply chain levels), reporting and disclosure.
- Policy initiatives that define natural capital accounting classifications, metrics and indicators that can inform future target setting and new market initiatives relevant to business.