Reflections on Natural Capital Week 2018

With another year coming to an end, leading organisations across the private and public sectors interested in Natural Capital Accounting (NCA) convened in Paris to share and collaborate in preparation for 2019.

IDEEA Group Directors Mark Eigenraam and Carl Obst were in attendance. Carl Obst co-hosted the Combining Forces workshop with Mark Gough, Natural Capital Coalition (NCC) Executive Director, at the Natural Capital Policy Forum. The workshop familiarised attendees with the motivation of Combining Forces and presented 5 priority areas for advancing work on Combining Forces (for an overview, see this report).

Mark Eigenraam supported Forico’s Simon Cook during a presentation at the NCC Collaboration Day. Simon, who worked closely with IDEEA Group to apply the System of Environmental-Economic Accounting principles to the management of the Forico estate, discussed the motivations for, and the benefits of, employing environmental-economic accounting. An overview of the Forico work program is provided here.

Overall, there were many insights into the different natural capital projects being undertaken across the globe. It became evident that the appetite of business and government to implement environmental-economic accounting to underpin the implementation of the NCC Protocol is growing. Please contact us if you want to see how environmental-economic accounting can help your organisation to deliver a set of NCA’s.