On 19 February 2019 (2:00 PM - 3:00 PM CET) Valuing Nature is holding a webinar on "Monetary Natural Capital Assessment in the Private Sector".
Businesses have numerous impacts and dependencies upon natural capital which are not captured in normal financial accounting. Much natural capital is freely available, and businesses impact and dependencies on natural capital are therefore not captured in financial accounts. Valuing natural capital in monetary terms makes the invisible visible, and therefore theoretically motivates more sustainable practices.
Monetary valuation of natural capital has only recently begun to gain momentum in the private sector. The synthesis report on which this webinar is based recognises this trend and aims to provide an accessible overview of the current status of private sector natural capital assessment and to identify key needs for research in this rapidly evolving area.